Post
Topic
Board Economics
Re: Bitcoin as a leading currency?
by
reda
on 24/01/2018, 17:12:39 UTC
The economic reach of Bitcoin is an interesting subject of discussion. In the end there will be a maximum of 21.000.000 BTC. BTC is a eight-digit number.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.


Still bitcoin is one of the best crypto currency among the other crypto currency , the amount of it is amazing some say it just slightly goes down and unexpectedly raise up. And in the year 2017 bitcoin become or gain some popularity across the world , and bitcoin has a better price than other crypto.

Bitcoin always leading in the currency. Most of the people learn more information for the future invest and finances process. Peoples now use the bitcoin for the business process. So bitcoin peices change. It increas the prices day by day. People now hold and wait for the prices incres  then invest the future for growth..