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>This is also what the bitcoin people got wrong. You don't want to to denominate your asset in dollars. Bitcoin people dont get that wrong, the "1 bitcoin = 1
by ashwagary 4y ago
>This is also what the bitcoin people got wrong. You don't want to to denominate your asset in dollars.
Bitcoin people dont get that wrong, the "1 bitcoin = 1 bitcoin" meme is popular for that reason.
Having said that, fiat has no bottom, so bitcoin has no top. It will continue to increase in fiat value for the rest of its existence as long as the network technicals stay sound.
- gitfan86 4y agoBitcoin isn't unique in that though. Picasso paintings also have no top as long as their physical fundamentals stay strong.