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Posted on 5/14/13 at 11:45 am to LSURussian
Here is Wiki's post:
Which about made me choke on my own spit.
quote:
Anyway, here's my definition of success for bitcoin:
CONCRETE:
$1,000 or greater value per BTC for over 1 year
or
1% of global economy
Which about made me choke on my own spit.
Posted on 5/14/13 at 11:47 am to LSURussian
quote:
1% of GDP is not measuring btc's "market value" but its transactional usage as a percent of the global economy.
So how many $$$ worth of bitcoins would need to be transacted to reach 1% GGDP?
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