Global Feed Post Login
Replying to Avatar freeborn | ἐλεύθερος | 8r0gwg

I think what you're getting at is that at some point the USD will be utterly worthless, the printer will stop, and so BTC will no longer even be priced in USD...is that close?

But Bitcoin doesn't go to zero when the USD does, it just gets priced relative to something else. Hopefully that something else is not some other fiat currency. At that point the market simply takes over and 1 BTC = [whatever someone else wants less than they want 1 BTC]. I think I'm saying the same thing you are in different words...

Avatar
a_priori 2y ago

Price it in barrels of oil or iPhones and then it doesn't go to zero. Pretty sure those will outlast the USD.

Reply to this note

Please Login to reply.

Discussion

No replies yet.