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The Problems with Price Inflation | The Twilight of Gold Series | Episode 11 (WiM182)
The "What is Money?" Show
Is There a Black Market for Bit Coin?
I think tha, bit coin will get sucked into this system. They'll sort of become indistinguishable from one another. But i think there will also always be a thriving black market for bit coin. I think that the black market will keep the bicoin price honest. And it will mean that you can probably always buy food with bickoin even if you're within a country that has somehow forbade you from owning bicoin buying it or selling it. It's going to create a much higher reservation demand for bitcoin.
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