ceekay venomous fairy
Registered: Feb 2010 Posts: 39935 - Threads: 1064 Location: In a wide open space
2016 | Winner Thread Honourable Mention Member
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Quote:
| Pacman wrote on 31-10-2013 10:11 AM
It's useful as a currency that isn't controlled by any one agency, so it'll continue to be used online for shifty stuff. It's usefulness for other stuff is limited because:
It's too volatile to be useful for Serious Business™. We already have a de facto single currency, the US dollar. But no country is going to align it's own currency to Bitcoin in times of trouble, because it's too flaky.
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Ironic really, given what happened with the Euro recently. It didn't fail, but it certainly took a bashing.
"Do you believe in the devil? You know, a supreme evil being dedicated to the temptation, corruption, and destruction of man?"
"I'm not sure that man needs the help." (Calvin & Hobbes)
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