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Actually, that $1,000,000/BTC rate is the biggest obstacle to this scenario and pretty much guarantees that it will never happen: do you really think any govern
by brazzy 13y ago
Actually, that $1,000,000/BTC rate is the biggest obstacle to this scenario and pretty much guarantees that it will never happen: do you really think any government with with even a tiny shred of responsibility OR self-interest will tie their economy to a currency of which about 1/3rd is held by less than 50 completely anonymous people?
- jasonlingx 13y agoAny country that is not the USA controls only a tiny fraction of money supply in the world anyway. Going all in to bitcoin mining would actually increase their control of money supply, especially for the first movers.
- ljlolel 13y agoAre you joking? Switzerland? The world works that way today? You know who owns the 35 trillion dollars in offshore accounts?