Quote from: ~V~ on November 02, 2017, 04:16:23 AM

Quote from: dpcj on June 18, 2016, 11:00:56 AM

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Still much more predictable than the future of fiat currency, which doesn't look good, BTW.

At least with Bitcoin you know how many coins will ever exist, whereas in the case of fiat, governments can print money at any time.

Actually we all know how many fiat money will exist in the future. And the answer is infinite. The purchasing power of all fiat money right now is going down. One day you'd think you already have plenty of money and you'd be correct. But in reality, that "plenty" amount of money will not be that much once you start buying things. Everything is expensive because the purchasing power of our money has gone down a lot.

Quote from: howtobuy on November 01, 2017, 10:52:41 PM

Quote from: dpcj on June 18, 2016, 11:00:56 AM

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Nobody can tell the future. And I fully agree that mass adoption will determine the faith of bitcoin and whole crypto phenomena. But since so many people are talking about and buying those coins - mass adoption is imminent.

Honestly even if we just stay with this amount of population with just very little growth in the future, we will be alright. We are going to be alright unless no one's using bitcoin at all. Mass adoption being imminent is true but when is it going to actually happen? Mass adoption can be done next year, next decade, or next century. All will depend on how are people going to react with bitcoin. Are they going to love it, are they going to know about it but not use it. Pretty much the future of bitcoin economics depend on the users and nothing else.