Nah, just ignore one of the rings for now. Also, your bike is most likely a 10 speed, with a 5-speed thread-on freewheel on the rear. Read Sheldon's stuff on re-spacing and re-dishing a wheel for single speed use, and get a BMX freewheel for it (standard, not metric, threading).
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Originally Posted by
CardiacKid
I explained that he could never pay me enough cash for the amount of work I had put into that bike and the only way to compensate me for it was to ride the hell out of it.
IRO Angus Casati Gold Line