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Chances of Bitcoin being still around in 10 years and valued accordingly are a lot higher than 1%. The first 10 years were way more difficult and challenging. T
by kerng 5y ago
Chances of Bitcoin being still around in 10 years and valued accordingly are a lot higher than 1%. The first 10 years were way more difficult and challenging. The market will chose, some governments will try to fight it, but its much easier for governments to stock up Bitcoin reserves and embrace it.
Bitcoin now is basically too big to fail.
- jshen 5y agoNope.
- senectus1 5y ago> Bitcoin now is basically too big to fail. That phrase, are you really going to use that without a /s ?
- JackFr 5y agoBitcoin could disappear tomorrow and the biggest impact to the economy would be Tesla’s stick price.
- atweiden 5y agoThat’s rather uncharitable; the fallout would at least be similar to what would happen to the holders of SGD, NZD, DKK, and dozens of other currencies smaller than Bitcoin were they to implode. [1]: https://fiatmarketcap.com/ https://fiatmarketcap.com/
- arcticbull 5y agoThere's no such thing as market cap of a currency - just circulating supply denominated in itself. Each of those economies would be devastated and left unable to conduct commerce. Bitcoin though? A handful of speculators.