← Back to context Comment by olalonde 19 hours ago It's not tied to the dollar and yes, the purpose is to have a neutral currency. 3 comments olalonde Reply codegeek 16 hours ago It is tied to the dollar. If 1 bitcoin was not worth a gazillion dollars, no one would be buying or selling it. olalonde 4 hours ago I would. IAmBroom 15 hours ago That's not what "tied to the dollar" means.The yuan is not tied to the dollar, but can be traded for dollars. Same for Euros, gold, and bricks of heroin.OK, that last one has to be converted to bitcoin first....
codegeek 16 hours ago It is tied to the dollar. If 1 bitcoin was not worth a gazillion dollars, no one would be buying or selling it. olalonde 4 hours ago I would. IAmBroom 15 hours ago That's not what "tied to the dollar" means.The yuan is not tied to the dollar, but can be traded for dollars. Same for Euros, gold, and bricks of heroin.OK, that last one has to be converted to bitcoin first....
IAmBroom 15 hours ago That's not what "tied to the dollar" means.The yuan is not tied to the dollar, but can be traded for dollars. Same for Euros, gold, and bricks of heroin.OK, that last one has to be converted to bitcoin first....
It is tied to the dollar. If 1 bitcoin was not worth a gazillion dollars, no one would be buying or selling it.
I would.
That's not what "tied to the dollar" means.
The yuan is not tied to the dollar, but can be traded for dollars. Same for Euros, gold, and bricks of heroin.
OK, that last one has to be converted to bitcoin first....