31 upvotes, 2 direct replies (showing 2)
View submission: Don't invest recklessly
In order to use bitcoin directly as a currency, we need to establish how much a bitcoin is worth in terms of goods and services, create a baseline not pegged to the dollar. ex: .0000000001 bt = a pack gum .00000001 = a burger, etc, that would go a long way towards real world nom fiat use, once ppl start to trust btx has non dollar value, we'll have real progress.
Comment by erusch18 at 30/11/2017 at 14:21 UTC
32 upvotes, 0 direct replies
This is why I personally view it as more of a commodity like gold than a currency rn
Comment by auviewer at 01/12/2017 at 04:06 UTC
2 upvotes, 1 direct replies
well Bitcoin core does offer mBTC and µBTC, so at the moment 2mBTC is about 20 dollars or 20µBTC is about 20 US cents