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In 2010 a guy paid 10,000 BTC for 2 pizza's, probably roughly equivalent to $40. 10,000 BTC today = $10.5 million USD.
by giarc 13y ago
In 2010 a guy paid 10,000 BTC for 2 pizza's, probably roughly equivalent to $40.
10,000 BTC today = $10.5 million USD.
- canistr 13y agoWhich is precisely my point. What incentive is there for the buyer to spend their BTC if the future value will dwarf the present value of the good they are spending it on?
- ElbertF 13y agoWhat incentive is there for the buyer to spend their money on anything if they could be buying Bitcoin?
- hcarvalhoalves 13y ago> 10,000 BTC today = $10.5 million USD Does that valuation mean anything? What about liquidity? If I had 10 k BTC today, could I trade that for $ 10.5 M on the spot? http://buttcoin.org/easy http://buttcoin.org/easy