Comment: Exactly

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In reply to comment: Why would you buy anything (see in situ)


If it's a-movin' up, up, up, only stupid people would use anything other than FRNs for their day-to-day purchases.

Gresham's Law and all that.

No, for the time being, bitcoins are merely a free-market equivalent to a T-bill. The current hype is merely that "'ll bring you a higher rate of return than a Certificate of Deposit, and one day it might be widely accepted as real money."