> you've lost sight of what BTC is supposed to be: a currency it could be many things. as to what it's 'supposed' to be, i'm not sure what you mean. the invent

> you've lost sight of what BTC is supposed to be: a currency it could be many things. as to what it's 'supposed' to be, i'm not sure what you mean. the inventors of the system can't know exactly what will happen. i agree that the dollar/btc exchange is a terrible measure of faitthfulness. a good measure would be 'how many addresses have had hundreds of coins for over a year' - because whoever holds each of those addresses has 1) a lot of faith in bitcoin and 2) enough resources to live their daily lives. that says something. i'd rather have the currency be the main 'storage' of people's faith in the world - which would mean it'd be just as volatile and crazy as the stock market, because people's faith changes every day. if that kept the volume low - so that most people saw it as 'confusing hacker money that seems to get wealthy but is hard to use daily if you don't understand security' then the daily volume of transactions will be close to nothing.