Hi all, newbie here, thought i'd put my 2 bitcents worth in!

everyone in the media whom keep having a dig at bitcoin's wild fluctuation's in its price, are failing to realise a few things...

firstly its a digital currency, so for a merchant to sell a product in btc, doesn't require too much extra programming to have the current btc value (as determined by say a btc exchange like mtgox) kept relative to how much the product is worth in a local currency. Ie the price would change up and down as bitcoins worth is determined by its current exchange rate. (this is obviously what most retailers are already doing)

secondly is it decentralized crypto-trust bitcoins that is going up wildly in value, or that our value in existing centralized 3rd party trustee currencies is dropping wildly in value?

thoughts?

saya akan tertarik pada topik ini, sebagai pengguna saja (saat ini). Saya pikir Indonesia berpotensi memiliki pasar yang baik untuk bitcoins, terutama karena rupiah yang sangat rendah nilai ... Akan mengikuti topik ini

i would be interested in this topic, as a user only (at the moment). I think Indonesia could potentially have a good market for bitcoins, especially as the IDR is so low in value... Will follow this topic.