Post
Topic
Board Bitcoin Discussion
Re: What's going on? Bitcoin for the rich only?
by
balu2
on 15/08/2017, 06:18:45 UTC
Probably stating the obvious, but just because each full bitcoin is over $4000 doesn't mean you need to be rich. It doesn't change the price of items you purchase, so you just spend smaller fractions of each coin for each burger/hotel room/computer part.

If anything, the increasing price of btc (up to a point/limit) means that the consumer items are getting progressively cheaper, which would benefit both the rich and the poor.