Any businessman that can see beyond 4 months must certainly know that Bitcoin Lending will come. As time proceeds, the system will become more faster and efficient and be adopted as the eventuality of the current monetary order further showcases itself.As a truth, it is in any businesses interest to accept Bitcoin, because it is appreciating in value while other money commodities are devaluing, though in its current state I suppose it should be confined to large commercial transactions so as to not congest the system.
Topic: [2016-08-06]Why Stability is Not what Btc Needs n Why Big Business Should move.. (Read 315 times)
August 07, 2016, 10:48:59 AM
August 07, 2016, 09:58:39 AM
If bitcoins reaches $1M per coin, then it will totally replace fiat worldwide. But that will not solve the debt crises because people will still continue to lend and there will still be bad debts.
August 07, 2016, 09:38:33 AM
Why Stability is Not what Bitcoin Needs and Why Big Business Should Move Into It
From my personal vantage point, Bitcoin should not be stable until it reaches 1 Million Per Bitcoin, or even more. Why? Because it is severely undervalued at the moment being that it has yet to go commercial, which is why this platform was created.
The fact of the matter is that inflation must come, and has already come in a great deal of places. IE) Houses now come with a 30 year mortgage, consuming 30-40 of monthly household income in the US.
The inflation and currency difficulty is everywhere and can only get worse. Never in modern finance and economics have so many Government Bonds yielded negative interest rates, certainly an indicator that can not be further ignored.
If something must be inflated, it seems more appropriate that Bitcoin should be inflated because it is limited to 21 Million and has the capacity to be divided by several decimal points for future lending and/or societal use, meaning it can be inflated well beyond any other asset or commodity and still retain its future usefulness.
http://www.marketoracle.co.uk/Article56141.html
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