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sgorman (OP)
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June 11, 2011, 05:24:50 PM
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Looks like BTC is backed by speculative USD Smiley
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koin
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June 12, 2011, 02:20:05 AM
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Quote from: sgorman on June 11, 2011, 05:24:50 PM
Looks like BTC is backed by speculative USD Smiley

are you suggesting that when those speculative USDs leave, there's less "backing" and the price drops?

hmm ... insteresting!  definitely worthy of further thought.


incidentally, the list of currencies that bitcoins can be traded to and from is increasing:
http://en.bitcoin.it/wiki/Buying_bitcoins
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