It says Bitcoin but then the price quote, €0.50, is in fiat. That shows the fiat conversion right there. The Bitcoin price will fluctuate accordingly.
Yeah I know - this was more of a funny side joke.
Of course right now people will set the Price connected to the conversion rate to Fiat. But how else should an emerging new Money System evolve? This will change with time 🙂
But there are already (very few) people living and paying only in Bitcoin. It‘s not their fault the sellers of products connect the Bitcoin price to the Fiat price. So these bitcoiners already live in a Bitcoin Standard.
Of course right now people will set the Price connected to the conversion rate to Fiat. But how else should an emerging new Money System evolve? This will change with time 🙂
But there are already (very few) people living and paying only in Bitcoin. It‘s not their fault the sellers of products connect the Bitcoin price to the Fiat price. So these bitcoiners already live in a Bitcoin Standard.
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