How would people convert their wealth into Bitcoins?
Doesn't make much sense to me! 
Topic: Question regarding Bitcoin - page 2. (Read 1500 times)
But if becomes the main currency and the others become worthless....
How would people convert their wealth into Bitcoins? Doesn't make much sense to me!
How would people convert their wealth into Bitcoins?
Doesn't make much sense to me! 
People that it hold bitcoin is not the same as "the rich people" (aka politics or familly from decade).
Bitcoin is more "free" than fiat money ... no regulation, no freezing account, no limit.
It's me at work holding bitcoin... :
Bitcoin is more "free" than fiat money ... no regulation, no freezing account, no limit.
It's me at work holding bitcoin... :
So I have heard a lot of people say that Bitcoin will be the new currency.
My question is this: So for all the other currencies out there, if you don't have any bitcoin, you would essentially be poor if Bitcoin did become the only usable currency correct?
Ex: Hollywood millionaire Salma Hayek does not invest in bitcoin. In the year 2016 Bitcoin's value is worth $100,000 dollars per 1 bit coin. She can basically afford say 30 bit coins....just guessing. Now, some average person who got into the game early, he invested and has 500 BTC. I mean will stuff still cost a normal amount, how would it work, what sort of problems could it cause with economies? Any thoughts on this anyone?
My question is this: So for all the other currencies out there, if you don't have any bitcoin, you would essentially be poor if Bitcoin did become the only usable currency correct?
Ex: Hollywood millionaire Salma Hayek does not invest in bitcoin. In the year 2016 Bitcoin's value is worth $100,000 dollars per 1 bit coin. She can basically afford say 30 bit coins....just guessing. Now, some average person who got into the game early, he invested and has 500 BTC. I mean will stuff still cost a normal amount, how would it work, what sort of problems could it cause with economies? Any thoughts on this anyone?
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