Topic: parities (Read 679 times)
I think all the parity choices are pretty arbitrary. If Bitcoin becomes widespread in global trade then the value will be a function of how much annual trade (pick your fiat of choice) is done in Bitcoins spread over how many Bitcoins are regularly used for trade rather than being saved/hoarded.
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parity with 14 000 pizzas
I actually voted for this. The parity in terms of other currencies or assets only means something as long as you can buy a product like a pizza with a certain amount of it.
I voted dollar. When bitcoin hit parity with the dollar I was blown away. It was the first time I thought that this could really catch on. Even though it is basically an arbitrary number.
what options are missing?
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