[ExI] Bitcoin effect on the Fed's abilities? (Was Re: Inflation graph)

John Clark johnkclark at gmail.com
Mon Oct 28 16:22:57 UTC 2013


On Sun, Oct 27, 2013 at 2:07 PM, Brent Allsop <brent.allsop at canonizer.com>wrote:

 > It'll be very interesting to see how Bitcoin start effecting this
> durring the next decade.
>

Maybe someday Bitcoin will be important, maybe not, but one thing is
certain, right now Bitcoin is so microscopic compared with the dollar that
to the world economy it's not even a rounding error. And if Bitcoin ever
does take over from the dollar the transition phase is going to be UGLY!

 John K Clark
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