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Economics
Re: Bitcoin market cap is now almost... [mona lisa reached]
by
Adrian-x
on
03/04/2013, 00:53:01 UTC
Quote from: Jutarul on March 22, 2013, 12:37:41 AM
It's a race with the FED. And BTC is losing:
http://en.wikipedia.org/wiki/Zeno%27s_paradoxes#Achilles_and_the_tortoise
3600 BTC printed daily? need to have a $500,000 per BTC to reach the printing frenzy of the FED.
But by the time we have $500,000 per BTC. The FED will have accelerated to ten-fold.
Quote this every time someone thinks Bitcoin is growing too fast, it's not growing fast enough.