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RE: Bitcoin is getting scarily close to $3K again. WILL IT MAKE IT THIS TIME?

in #bitcoin • 7 years ago (edited)

As people lose faith in the currant system what is the alternative Crypto . I am sure Bitcoin will make $3K a coin now look like pocket change in the not to distant future

7 years ago in #bitcoin by
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     7 years ago (edited) 

    I agree - particularly when you look at failing states like Venezuela - bitcoin and other cryptos are the only option that is left. With more instability in the world that is only going to get worse and bitcoin etc are going to get more and more use.

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     7 years ago (edited) 

    Funny thing is that everyone compares the Bitcoin price in US Federal Reserve Notes. In the future we will be quoting in Satoshi....

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       7 years ago  

      Interesting though i have not thought of that . The reason why it is compared to the USD is because it is the world reserve currency . When and if the USD is dethroned everything will be compared to the new world reserve currency.