Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: killer2021 on June 23, 2011, 11:59:30 AM



Title: Fiat currency, safe? I don't think so.
Post by: killer2021 on June 23, 2011, 11:59:30 AM
Listen for yourself!

http://www.youtube.com/watch?v=mM3_z2RB3YU

http://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_$100_trillion_2009_Obverse.jpg


Title: Re: Fiat currency, safe? I don't think so.
Post by: relative on June 23, 2011, 12:01:30 PM
guess what they use to buy bread.

hint: it's not bitcoins.


Title: Re: Fiat currency, safe? I don't think so.
Post by: killer2021 on June 23, 2011, 12:02:11 PM
guess what they use to buy bread.

hint: it's not bitcoins.

its gold or barter. However, you have to realize that the Zimbabwe dollar collapsed in 2009 (went to 0). Bitcoin was in its infancy during that time.

When the next hyperinflation occurs in the USA or europe then bitcoin will gain a strong foothold over the currency markets.