2 ms·
It's not like gold's price went to 0 (more precisely, to the level of other noble metals) after the end of the gold standard. Bitcoin might well remain forever
by buboard 8y ago
It's not like gold's price went to 0 (more precisely, to the level of other noble metals) after the end of the gold standard. Bitcoin might well remain forever as a sort of digital gold with its (entirely stochastic) ups and downs. And why would people invest in a currency just because it is circulating? People invest in dollars because it's stable, not because it circulates a lot (more accurately, in derived products such as bonds, anchored to the US State, not on the dollar printing machines).
and yes i think most cryptocoin loonies want any one of them to succeed , the potential is so crazy high, that wishing otherwise would be foolish