Author

Topic: Retail NOT= BTC price improveing much. Amazon, etc not that important (Read 582 times)

hero member
Activity: 667
Merit: 500
I think that's a good point, the store of value angle to a large extent bootstraps acceptance.
full member
Activity: 182
Merit: 100
Fuck retail, 18 trillion in Wall Street and 30 trillion in offshore assets is where its at.

legendary
Activity: 2618
Merit: 1022
The real value is not in retail. Essentially you buy depreciating good from retails outlets, of small value that are thrown away.

As a sector, retail is worth around about 6% of US GDP.

This angst over Amazon, Walmart, is misplaced.

In fact I would be careful what you wish for.

The Real value is in appreciating asset purchase, backbone currency.


I do however add I think the "recognition factor" of retail outlets is > than 6% GDP.
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