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Author Topic: This deep frustration with Mt Gox shows Bitcoins need u.s. dollars to survive.  (Read 1160 times)
calista (OP)
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June 25, 2011, 05:46:23 AM
 #1
as we all know mt gox is just one of many exchanges of bitcoins and no more...

yet this widespread anger with mt gox exposes that bitcoins is just a hanger-on to u.s. dollars, and cannot survive on its own.
Alex Beckenham
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June 25, 2011, 05:55:48 AM
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Quote from: calista on June 25, 2011, 05:46:23 AM
as we all know mt gox is just one of many exchanges of bitcoins and no more...

yet this widespread anger with mt gox exposes that bitcoins is just a hanger-on to u.s. dollars, and cannot survive on its own.

Or maybe just that people's bitcoins are tied up in it, meaning they can't spend them? That aspect has nothing to do with USD.
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TheGer
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June 25, 2011, 06:40:12 AM
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Simple solution assuming OP is right.  Switch to CAD instead. 
lemonginger
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June 25, 2011, 06:44:55 AM
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you mean BTC doesn't have an entire economy built up around it within a few months of the currency taking off?? SHOCKING!
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June 25, 2011, 11:58:32 AM
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it's currently a hanger on to PLN
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