Post
Topic
Board Bitcoin Discussion
Re: Banks building new sevices using blockchain tech
by
BillyBobZorton
on 09/06/2015, 16:28:21 UTC
Thanks, but aren't developments like this going to stop people wanting to use bitcoin? 

If its no cheaper to use bitcoin why will they bother.

It doesn't matter if 1 Bitcoin is 1 USD or 1 Bitcoin is 1 million USD, it's as useable and you don't need to buy entire amount of Bitcoin, you can buy as low as 0.00000001 of a Bitcoin, or ideally get paid on it (in the future it will be more common). It will just mean that previous holders will be more wealthy due increased purchasing power.