I've heard people say that Bitcoin is a refuge where money

It will deflate. The cheaper the fiat money, the more expensive the Bitcoin.

>>1030675
>the more expensive

In the inflated fiat currency!

Don't we need a measure of its value that is independent of fiat currencies?

I think we should evaluate 1 BTC based on how many liters of drinking water it's worth.

>>1030694
the point is that if you held your money in cash, you'd be losing money due to inflation

desu no one knows where to put their money. everything looks scary

>>1030671
I think you have more pressing matters to worry about, like your obvious retardation.

>>1030714

So as someone making minimum wage, i'm doing reat! correct??? Obviously I'm not but I mean in terms of efficiency...

Why not just buy fucking gold instead of memecoins?

We're not going to need an internet black market if we're heading into the dark age.

The idea is that the value of the BTC in terms of goods and services remains constant

eg in 2016 a coke costs $100 and a btc costs $100

in 2020 a coke costs $500 and a btc costs $500

btc has escaped inflation in this example

>>1030671
bitcoin,gold,silver,guns etc

gold and silver if they don't pull that 1930s gold stealing shit.

File: image.jpg (118KB, 599x448px) Image search: [Google]

118KB, 599x448px

Market cap of meme currency increases by $500,000,000 five hundred million dollars and zero cents in 1 day

File: 1381977862912.jpg (34KB, 640x427px) Image search: [Google]

34KB, 640x427px

Post yfw if you have investments in bitcoin

File: image.jpg (72KB, 468x423px) Image search: [Google]

72KB, 468x423px

>>1031069

>>1030866
You know they will as a last chance. They done did it before and you'll e=be a terrorist if you resist.

>>1030671
Not if people start using it more. At least, not as much.
Read an article recently that the number of users using BTC as a currency has gone up significantly.

>>1031184
lol