Financial collapse? If Bitcoins sole value is drawn from the USD, like it is now, then a financial crisis that caused true Fiat based currencies to fall like the USD, the GBP etc, then the value of BTC would drop. Pretty simple really.
Financial collapse? If Bitcoins sole value is drawn from the USD, like it is now, then a financial crisis that caused true Fiat based currencies to fall like the USD, the GBP etc, then the value of BTC would drop. Pretty simple really.
RE: WIN 500 SP - DISCUSSION: "Should Bitcoin Just Be a Currency or Store of Value?"