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Question: what was/is bitcoin biggest challenge?
parity with the dollar - 10 (14.3%)
the 100 $ barrier - 6 (8.6%)
the 1000 $ barrier - 23 (32.9%)
parity with 1 ounce of gold - 11 (15.7%)
parity with 14 000 pizzas - 20 (28.6%)
Total Voters: 55

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600watt (OP)
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May 26, 2013, 02:02:38 PM
 #1

what options are missing?
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May 26, 2013, 02:05:21 PM
 #2

I voted dollar. When bitcoin hit parity with the dollar I was blown away. It was the first time I thought that this could really catch on. Even though it is basically an arbitrary number.

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May 26, 2013, 02:20:07 PM
 #3

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parity with 14 000 pizzas

I actually voted for this. The parity in terms of other currencies or assets only means something as long as you can buy a product like a pizza with a certain amount of it.

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May 30, 2013, 10:32:16 PM
 #4

I think all the parity choices are pretty arbitrary.  If Bitcoin becomes widespread in global trade then the value will be a function of how much annual trade (pick your fiat of choice) is done in Bitcoins spread over how many Bitcoins are regularly used for trade rather than being saved/hoarded.
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