Post
Topic
Board Economics
thought on wht bitcoin will buy in the future
by
phillip1882
on 08/04/2016, 20:46:58 UTC
though i think eventually bitcoin will go to a million dollars, simply because u.s.a. keeps inflating its currency, i don't think bitcoin will necessarily buy  more goods and services than it does right now. that is, it won't buy more eggs, but it will take 10000 dollars to buy a dozen eggs. I'm holding onto bitcoin as insurance against the malfeasance of the banks.