Bitcoin Forum

Economy => Economics => Topic started by: sgorman on June 11, 2011, 05:24:50 PM



Title: Trade in other countries besides US
Post by: sgorman on June 11, 2011, 05:24:50 PM
Looks like BTC is backed by speculative USD :)


Title: Re: Trade in other countries besides US
Post by: koin on June 12, 2011, 02:20:05 AM
Looks like BTC is backed by speculative USD :)

are you suggesting that when those speculative USDs leave, there's less "backing" and the price drops?

hmm ... insteresting!  definitely worthy of further thought.


incidentally, the list of currencies that bitcoins can be traded to and from is increasing:
http://en.bitcoin.it/wiki/Buying_bitcoins