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General Discussion / Re: Least volatile measure of value. What could it be?
« on: December 12, 2014, 06:21:55 am »
Once the training wheels (price feeds) are off, like when BTS has $200 billion valuation or whatever, won't the BitShares blockchain itself be the "source of value" to which you are referring?
Does it matter if the dollar loses value or gold is manipulated? Governments and (centrallized) markets will collapse, but as long as some fungable source of exchange exists amongst people outside of BTS, than BTS will provide the service of allowing tranparent derivative creation (or whatever we are calling it).
Hell, if the BRICS alliance has anything to say about it, USD might not even be what ends up propelling BTS to the moon.
Does it matter if the dollar loses value or gold is manipulated? Governments and (centrallized) markets will collapse, but as long as some fungable source of exchange exists amongst people outside of BTS, than BTS will provide the service of allowing tranparent derivative creation (or whatever we are calling it).
Hell, if the BRICS alliance has anything to say about it, USD might not even be what ends up propelling BTS to the moon.