Post
Topic
Board Economics
Re: So I made some calculations today
by
sebastianpenguen
on 27/08/2017, 20:10:09 UTC
For something like this to happen, you need mass adoption of Bitcoin worldwide, 4 years is too short. Gold is acknowledged by everyone to be valuable, it is something tangible that even people in their 80's or older can easily recognize. Bitcoin is a new generation thing and at the moment attracts only people that are technologically savvy. When we've reached a point where the oldest person on earth was born after Bitcoin was created, Bitcoin will have been universally assimilated. Of course we might not need to wait that long  Wink

This is right. This can't happen only because of market manipulation. We have to see bitcoin to be used in daily life and business payments. That's why official adoption of bitcoin is vital.