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RE: Why are people turning to cryptos? A partial response to @Joshigurdson's post on bitcoin hitting $4000

in #cryptocurrency7 years ago

very good analysis - I totally agree. I think BTC, ETH, Steem will have a good future. Also considering that esp BTC is "conquering" real life (e.g. today I was informed that Austrian post offices sell BTC). But there is one thing that a cryptonewbie like me does not understand: If the price of BTC is going up further it will get less practicable to pay with esp for people who are not part of the "BTC elite" (whats the price of a coffee now: sth like 0.002? who wants to pay such prices in the digits besides us?)

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