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RE: A look beyond BTC's price...

in LeoFinance4 years ago (edited)

Now they're willing to pay people with shiny products in exchange of their Bitcoin. Somehow history repeats itself

Not exactly the same thing but I get your point. Back in the day everyone possessed gold. Your grandma your parents maybe even you...just a hundful of people compared to world's population have access to BTC for now let alone that due to slow transaction times it can't be used to super markets or grocery stores...but for purchases like Tesla car...maybe a house...etc...

So most likely they won't buy shitty products but most likely something of value

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I was referring to how the paper money got created. It's true, buying a house with BTC makes much more sense than a cup of coffee. However the tendency is still towards the rich putting their hands on most of it.

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This ain't gonna change anytime soon...this is how it has been and this is how it will be in the near future. At least now poor fellas got a chance

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