America's recent round of money "printing" was enough to buy all the bitcoins in circulation every two days.
Bitcoin isn't on the verge of replacing the dollar. Until we see a $10,000 Bitcoin and a substantially greater market cap Its not going to be considered a threat to the status-quo for any government.
Now feel free to buy back the btc you sold recently thinking we're about to see Bitcoins demise.
Have a great day
even if it was worth 10k per coin today, it'd be like 120 billion market, it's still a tiny tiny portion of world economy, isn't it?
but a huge portion of the online payments economy
actually eclipsing it by 60 billion I believe
yeah, but bitcoin is not just a payment system, it's like virtual precious metall, moving and storing wealth in it.
Yes, except you can't make jewelry out of it and it hasn't been tested as a store of value over 1000's of years, like gold. Store of value, yes. Anything like precious metals, absolutely not.