Re: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:00 pmAnd, practically speaking, what does that mean for BTC?
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IMF calls for dollar alternative
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Posted: Tue Mar 03, 2015 4:00 pmRe: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:02 pmRe: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:03 pmRe: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:08 pmRe: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:11 pmPlaystation 4's go for 400 USD. Smart investors are putting their money into PS4s. They are 400 times more valuable than dollars.
Re: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:15 pmRe: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:22 pmRe: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:25 pmThe relative value of a currency to other currencies is relevant in country-to-country comparisons because increases or decreases make imports or exports, as applicable, more attractive.
What's the corollary here for BTC that you're talking up when you speak to a raw comparison between USD and BTC? I mean, if you pay 284 for a BTC and it's worth 1 BTC and $284 dollars, I don't see the advantage for BTC in being worth $284. Know what I mean? You're just stating what the exchange rate currently is and proclaiming that this is good, but providing no support for why.
What's the corollary here for BTC that you're talking up when you speak to a raw comparison between USD and BTC? I mean, if you pay 284 for a BTC and it's worth 1 BTC and $284 dollars, I don't see the advantage for BTC in being worth $284. Know what I mean? You're just stating what the exchange rate currently is and proclaiming that this is good, but providing no support for why.
Re: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:27 pmRe: IMF calls for dollar alternative
Posted: Tue Mar 03, 2015 4:38 pm