Quote:
Originally Posted by holograph
bitcoin is a more solid form of money than fiat. how it will turn out for both in the future we will have to wait and find out. bitcoin could be abandoned or fiat, or they could co-exist, or fiat gets some bitcoin technical inspiration and gives us new form of fiat... regulating bitcoin in to underground will do no good to regulators - that's out of question for time being.
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my point was that people on both sides can say some pretty stupid things. i'd still argue that its not a more solid form of money currently. it fluctuates too much. my $1 can buy a loaf of bread today and tomorrow whereas bitcoin might cost me more or less from one day to the next. i'm sure there will be a government backed virtual currency that comes out eventually.