Just curious as to how this might work. I can imagine a few different scenarios. So if the currency crisis hits the U.S. and the world, and the dollar experiences huge runaway inflation (like a loaf of bread is $300,000 on a particular day then $800,000 the next) how do we know what our BTC are worth?
I'm assuming a "basket of goods" valuation would be established pretty quickly somehow. I'm also guessing that those with goods to sell will most definitely prefer cryptocurrencies over bartering and will offer significant discounts off prices to get them, at least until a process of stabilization can occur.Thoughts? Ideas?
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