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RE: Wharton Dean: Dimon Mindset Is Wrong, Cryptos Mean "The End Of Money As We've Known It"

in #bitcoin7 years ago

Crypto and Gold follow the same principle.

If Gold was not diluted by the quantity of paper gold, its price would be north of the current price. People will not buy gold if they receive the paper gold. They want physical gold.

You can not dilute the total of BTC. It's about 20 Millions BTC coins. It will stay that way; thus, the price will go up.

The future contract has no effect on BTC.