Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
realr0ach
on 15/12/2017, 23:58:47 UTC
If bitcoin is worth $100k each then I think $100 fees are reasonable. No crisis.

Wouldn't the logical course of action in said event be to dump all of your bitcoin at once since it requires you to spend $100 everytime you want to use it, and then transfer your money into a cheaper system instead of spending $100+ per day in fees? lol.  Of course, said paradigm would have you seeking out two instruments, the base of Exter's pyramid since it provides the best store of value (gold and silver) and then holding what you need to keep liquid to spend in the worst money of gresham's law since it has lowest fees (fiat dollars).