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A little more than a decade to bootstrap an idea worth nothing to almost a trillion USD... Did you expect it to be valued at two-trillion USD instead? I can rea
by jron 5y ago
A little more than a decade to bootstrap an idea worth nothing to almost a trillion USD... Did you expect it to be valued at two-trillion USD instead? I can reach out to you when it gets there if you like.
- acdha 5y agoHow about you let me know when ordinary people use it for anything other than speculation? When a business would care about it shutting down because their customers can’t trivially switch to an alternative? That’s the problem with multiplying the number of coins by the last sale price: it assumes a larger pool of buyers than we’ve ever seen. The number of people treating it as anything other than a lotto ticket isn’t anywhere near enough to support a valuation in the range of trillions of USD.
- Hjfrf 5y agoIf the price goes higher, it only gets worse as a transactional currency. Those are in direct opposition.