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My instinct says the same thing on Bitcoin acting as surrogate for gold in the near term (Say the next 4-5 years or so). I also think that the way it is structu
by postscapes1 13y ago
My instinct says the same thing on Bitcoin acting as surrogate for gold in the near term (Say the next 4-5 years or so). I also think that the way it is structured could help it fulfill its currency aspirations in the long term by its ability to be broken apart into tiny little pieces.
Our brains (and economy) are not really used to working in decimals of something on a day to day basis, but if Bitcoin eventually settles around 1,000 or so you could see people start using it this way.