- Ease of psychological reference.
- USD is the most liquid market.
1. Ease of psychological reference.
2. USD is the most liquid market.
So in other words, Bitcoin only has value because the USD exists.
So in other words, Bitcoin only has value because the USD exists.
The first question was bad enough (bitcoin is priced in fucking bitcoin) but this is fucking straight retardation.
The first question was bad enough (bitcoin is priced in fucking bitcoin) but this is fucking straight retardation.
Unless Bitcoin gains intrinsic "value", it will always just be another (fake) commodity based on the dollar.
Unless Bitcoin gains intrinsic "value", it will always just be another (fake) commodity based on the dollar.
Gold is priced in dollars. So is oil. So is real estate.
Gold is priced in dollars. So is oil. So is real estate.
Yes, that's my point... everything is priced in dollars.
Yes, that's my point... everything is priced in dollars.
No, it's not priced in dollars, there's a conversion to dollars but also to yen, yuan, euro etc. In the states the common conversion is to the dollar.
No, it's not priced in dollars, there's a conversion to dollars but also to yen, yuan, euro etc. In the states the common conversion is to the dollar.
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