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Message
re: My faith in Bitcoin just went out the window
Posted on 3/8/13 at 12:10 pm to boosiebadazz
Posted on 3/8/13 at 12:10 pm to boosiebadazz
quote:
what would happen if the US government started mining the majority of bitcoins and just hoarding them?
the price would skyrocket
quote:
leaving them ultimately useless
why?
1
Posted on 3/8/13 at 12:11 pm to WikiTiger
i think it's hard to buy a $40 blender off amazon with a bitcoin worth $800
and your average joe and jane citizen aren't exchanging $500 or so for a bticoin
it'll push it to the fringe
and your average joe and jane citizen aren't exchanging $500 or so for a bticoin
it'll push it to the fringe
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