Topic: what if btc takes over €/$ ? - page 3. (Read 2722 times)
You cant buy anything with BTC, it's only valuable because people can cash it out to fiat once the transaction is done with and can pay their rent/buy food, etc
You could run the full economy of a small country with a couple hundred BTC.
People hoarding would have no affect on your ability to make a purchase using Bitcoin.
People hoarding would have no affect on your ability to make a purchase using Bitcoin.
isn't this part of what people want?
how will our economy work then and how do we justify some people hoarding thousands of btc for doing nothing?
if all 21 mil coins equaled the current amount of $ in the developed countries, 1 bitcoin would equal $ 10 mil.
i don't understand. this no work.
how will our economy work then and how do we justify some people hoarding thousands of btc for doing nothing?
if all 21 mil coins equaled the current amount of $ in the developed countries, 1 bitcoin would equal $ 10 mil.
i don't understand. this no work.
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