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Gedusa comments on [LINK] Two articles on Bitcoin - Less Wrong
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Okay, I'm willing to grant that if the dollar/fiat money in general is doomed then something along the lines of bitcoin would probably take over. But I don't assume this. I guess it is rational to put lots of money into bitcoin if you do take this premise though.
I agree that the dollar becoming effectively worthless would be pretty bad to put it mildly!
Even if the USD goes down really badly in value, there's still three hundred million people, a large proportion of whom are workers, to give it some utility as currency.