Here's a few points that I think could provoke some interesting discussions.
1. When would you say Bitcoin is stable enough to actually use it to buy everyday products? I.e. when is it no longer an investment? Is it a dollar amount? Is it an adoption amount? Or would you never use it for purchases?
2. Assuming Bitcoin becomes mainstream money, it actually doesn't matter what the price of Bitcoin is, it only matters how many Bitcoin you have since everything is sold in Bitcoin and the dollar is irrelevant/worthless.
3. What will happen to fiat currencies (and the people with a huge amount of fiat) when Bitcoin achieves significant mainstream adoption? e.g. 35% of all transactions are done in Bitcoin. Keeping in mind this is more along the lines of a 15 year timeline versus a 2 year timeline.
1. When would you say Bitcoin is stable enough to actually use it to buy everyday products? I.e. when is it no longer an investment? Is it a dollar amount? Is it an adoption amount? Or would you never use it for purchases?
2. Assuming Bitcoin becomes mainstream money, it actually doesn't matter what the price of Bitcoin is, it only matters how many Bitcoin you have since everything is sold in Bitcoin and the dollar is irrelevant/worthless.
3. What will happen to fiat currencies (and the people with a huge amount of fiat) when Bitcoin achieves significant mainstream adoption? e.g. 35% of all transactions are done in Bitcoin. Keeping in mind this is more along the lines of a 15 year timeline versus a 2 year timeline.
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