what if btc takes over €/$ ?

[xxjs]

If BTC took over, budgets would be balanced by default.

Because they wouldn't be able to get a loan on bitcoin talk's newbie forum, either!

Hello, this is Ben. I started mining today on my quite new Dell, but it doesn't seem to work. Can somone lend me 85 Billion/ 29 = 2931034482.758620690 BTC before the end of the month please. I pay you back for sure.

[BrannigansLaw]

You cant buy anything with BTC, it's only valuable because people can cash it out to fiat once the transaction is done with and can pay their rent/buy food, etc

http://pizzaforcoins.com

Cool I always wanted to pay a large fee so someone else could order from dominos with their credit card instead of just using my credit card because ?

Keeping cash reserves in a currency losing value to buy that pizza just cost you double the cost of the pizza.

You dont have a cash reserve when you use a credit, I'm buying that Pizza with debt which I will pay for with money that I made at my job. Left over savings are invested wisely to counteract the effects of inflation.

P.S. USD inflation is incredibly low and I dont have to worry about prices going from $30 to $5 overnight.

USD just lost 20% of its value in the past week.

btw...welcome to the forums, enjoy learning about Bitcoins

Give me a source, I want charts.

I can provide you with a Pie Chart. 1btc  38ekqAEguGbNpNN7TkKcowQjYbFQ7KjDe3

[Vernon715]

If BTC took over, budgets would be balanced by default.

Because they wouldn't be able to get a loan on bitcoin talk's newbie forum, either!

Well, even if they were able to get a loan, they couldn't just print more money to pay off that loan. Obviously they could mine, but that is different.