Topic: Retail NOT= BTC price improveing much. Amazon, etc not that important (Read 590 times)
April 15, 2014, 11:22:29 PM
I think that's a good point, the store of value angle to a large extent bootstraps acceptance.
April 15, 2014, 09:14:52 PM
Fuck retail, 18 trillion in Wall Street and 30 trillion in offshore assets is where its at.
April 15, 2014, 05:38:26 PM
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.
As a sector, retail is worth around about 6% of US GDP.
This angst over Amazon, Walmart,
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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