Bitcoin Forum

Other => Beginners & Help => Topic started by: st4rdust on July 26, 2011, 08:14:18 PM



Title: Not being attached to any debt-ridden govt makes BTC more and more attractive
Post by: st4rdust on July 26, 2011, 08:14:18 PM
No?

My knowledge of economics is limited at best but in terms of the overall value of BTC, its decentralized nature looks like more of a positive by the day, what with the USA credit rating likely being downgraded from Aaa and the country on the verge of defaulting on its debts for the first time in its nearly 250 year history.

Can someone more well-versed in these areas school me on BTC's relation to the US debt situation?


Title: Re: Not being attached to any debt-ridden govt makes BTC more and more attractive
Post by: gamer4156 on July 27, 2011, 07:50:50 PM
the country wont default on its debts, its already announced it will prioritize its debts and pay them first.


Title: Re: Not being attached to any debt-ridden govt makes BTC more and more attractive
Post by: NothinG on July 27, 2011, 09:19:46 PM
Government has no regulation on BTC.
They can only regulate usage.

or...I missed what you were saying.