2 ms·
You are immediately going from 0 to 100. A new currency begins with marginal uses and then expands. Give it some time before bitcoin buys nuclear weapons!
by seibelj 6y ago
You are immediately going from 0 to 100. A new currency begins with marginal uses and then expands. Give it some time before bitcoin buys nuclear weapons!
- freddie_mercury 6y agoThat's actually the opposite of how real world currencies work. They do not start with marginal cases and expand. In almost all cases they start with the most important cases -- the government says "you must pay taxes in currency X or suffer consequences". This is pretty well established in the history of currencies.
- seibelj 6y agoCrypto is an emergent currency voluntarily used by a global group of people. It is nothing like government-backed fiat currency.