When fiat collapses, what will we value Bitcoin/crypto in? What unit of value will be assigned to it? Would we just back it by gold? Or would there be some applied value to bitcoin? I'm a brainlet, sorry if it's a dumb question.

File: 130 KB, 1115x835, bitcoingold.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Wed Dec 30 20:40:34 2020 No.25335851 [Reply] [Original]

When fiat collapses, what will we value Bitcoin/crypto in? What unit of value will be assigned to it? Would we just back it by gold? Or would there be some applied value to bitcoin? I'm a brainlet, sorry if it's a dumb question.

>>	Anonymous Wed Dec 30 20:47:16 2020 No.25336027 >>25335851 Well 1 bitcoin is about to surpass a kilogram of gold.

>>	Anonymous Wed Dec 30 20:47:53 2020 No.25336044 >>25335851 big macs

>>	Anonymous Wed Dec 30 21:28:03 2020 No.25337164 >>25336044 This

>>	Anonymous Wed Dec 30 21:30:41 2020 No.25337240 In the future I can imagine the new class of serfs (which will be the vast majority of the population after the automation revolution) will dream about owning 0.0001 of a btc.

>>	Anonymous Wed Dec 30 21:33:12 2020 No.25337297 >>25335851 >When fiat collapses you sound very sure of that

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance