Bitcoin (BTCUSD)

[gump90]

Let us find a small existing country with the will to break the chains of the International Banking Fraternity. But not a desolate bleak country with no resources. It should have at least one thing that can be sold internationally. So we make this country the basis of currency comparisons throughout the whole world .. much like the Buck is to-day. Then have it adopt Bitcoin as its currency. It bases its currency on a combination of G D P and the wage rate of its skilled tradesmen - on average. Say an average middle class family with 2 kids needs the equivalent of $60,000 U S P/A to maintain a good standard of living in THAT country. Then equate that to 60 Bitcoins per annum -- AND KEEP IT THERE !!!!!!!!!!!! There's your stability. Let the rest of the world equate to THAT. Allow the Bitcoin to fluctuate any way it wants in the rest of the world. Because it will. Now invite the tourists -- just bring Bitcoin -- it will always get you the same quality of vacation in that country no matter how it fluctuates in the rest of the world. If it is worth more and more U S Bucks in America -- it makes the said vacation more expensive -- then DON'T COME !!! Ha Ha. Dare to dream - Arnold -- Dare to dream. Bitcoin in the context I have suggested is the closest you will ever come to a free market governed as it should be by supply and demand. I think we will be seeing something like this sooner rather than later. Countries like those in South America are prime candidates.