What you can do with a bitcoin if the USD exchange price dropped to 0

[mobile4ever]

I foresee that in the coming years of hyperinflation (FED has produced 3x times of money in a very short time, they will pour out soon), there will be more merchants claim that "we only accept bitcoin" 

Do you see it happening before 2015?

I could see online merchants switching away from credit card to Bitcoin only transactions starting in 2013. I can see Brick and Mortar start doing so in 2015. Apps will need improvement for online usage, then physical wallet devices will need to roll out before making Brick and Mortar purchases popular with Bitcoin.

Its pretty much an inverse reaction. The more dollars get unpopular, the more bitcoin gets popular.

[organofcorti]

I don't know of other instances of this, but here is a message sent through Bitcoin transactions.

yocko06 sent me the satoshi sequence 20,8,1,14,11,1,1,25,15,21

The alphabet goes A=1 -> Z=26
two 1s in a row is a space, AA=28



'THANK YOU' sent through Bitcoin transactions.

01010100 01101000 01100101 00100000 01110000 01100101 01110010 01110011 01101111 01101110 00100000 01110010 01100101 01110011 01110000 01101111 01101110 01110011 01101001 01100010 01101100 01100101 00100000 01100110 01101111 01110010 00100000 01110100 01101000 01100101 00100000 01000010 01101001 01110100 01100011 01101111 01101001 01101110 01101001 01100011 01100001 00100000 01101000 01100001 01100011 01101011 00100000 01110011 01100101 01101110 01110100 00100000 01101111 01110101 01110100 00100000 01100001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00100000 01110101 01110011 01101001 01101110 01100111 00100000 01100011 01101111 01101001 01101110 01110011 00100000 01100001 01110011 00100000 01100001 00100000 01100010 01101001 01101110 01100001 01110010 01111001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00101110 00001101 00001010

[DannyHamilton]

01010100 01101000 01100101 00100000 01110000 01100101 01110010 01110011 01101111 01101110 00100000 01110010 01100101 01110011 01110000 01101111 01101110 01110011 01101001 01100010 01101100 01100101 00100000 01100110 01101111 01110010 00100000 01110100 01101000 01100101 00100000 01000010 01101001 01110100 01100011 01101111 01101001 01101110 01101001 01100011 01100001 00100000 01101000 01100001 01100011 01101011 00100000 01110011 01100101 01101110 01110100 00100000 01101111 01110101 01110100 00100000 01100001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00100000 01110101 01110011 01101001 01101110 01100111 00100000 01100011 01101111 01101001 01101110 01110011 00100000 01100001 01110011 00100000 01100001 00100000 01100010 01101001 01101110 01100001 01110010 01111001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00101110 00001101 00001010

Interesting.  I wasn't aware of that.  What did the message say?

[organofcorti]

01010100 01101000 01100101 00100000 01110000 01100101 01110010 01110011 01101111 01101110 00100000 01110010 01100101 01110011 01110000 01101111 01101110 01110011 01101001 01100010 01101100 01100101 00100000 01100110 01101111 01110010 00100000 01110100 01101000 01100101 00100000 01000010 01101001 01110100 01100011 01101111 01101001 01101110 01101001 01100011 01100001 00100000 01101000 01100001 01100011 01101011 00100000 01110011 01100101 01101110 01110100 00100000 01101111 01110101 01110100 00100000 01100001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00100000 01110101 01110011 01101001 01101110 01100111 00100000 01100011 01101111 01101001 01101110 01110011 00100000 01100001 01110011 00100000 01100001 00100000 01100010 01101001 01101110 01100001 01110010 01111001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00101110 00001101 00001010

Interesting.  I wasn't aware of that.  What did the message say?

00100010 01000101 01111000 01110000 01100101 01100011 01110100 00100000 01101101 01100001 01110011 01110011 00100000 01101100 01100101 01100001 01101011 00100000 01110011 01101111 01101111 01101110 00100010 00101110 00001101 00001010

[romerun]

then I can just keep playing satoshidice all day

[veteranBtc]

This is a good question, I think i'll keep the bitcoins or i'll start a donations site, where people can leave some btc!

[Anth0n]

The same thing you can do with gold if the price of gold goes to 0.

[markm]

The same thing you can do with gold if the price of gold goes to 0.

Gild baby-slippers? I don't think so...

-MarkM-

[meebs]

the same thing you could always do... hold them or send them to another wallet address....

the ONLY thing you couldn't do was exchange it for USD