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RE: Bitcoin Trend / 29 - 01 - 2018

in #bitcoin7 years ago

Good advice and very carefully framed. My one nitpick is that I think that $100k-$250k would not imply that fiat is becoming worthless or the prevailing economic regime has completely fallen apart. That's only a ~2 Trillion Market Cap still far less than gold and the rise of gold certainly hasn't made fiat worthless. I think you would be talking a price of well over $1M before you are really seeing any real loss of trust in fiat having an impact of the exchange rate. @lordoftruth

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