Post
Topic
Board Bitcoin Discussion
Re: If no one spends bitcoin what might happen?
by
w33man
on 07/02/2018, 09:08:22 UTC
Share your ideas here.   Grin

In my opinion, I think we will be stuck in one price or maybe worse we will all go down.

Here is what happened when US citizens are saving too much.

Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Check it out here


I think the circulation of bitcoin will be affected and the flow of interchange will be stuck. I don't see anything wrong with this except for the fact that it may affect volatility range of bitcoin since it will become stagnant. In conclusion, I think that it is still best for bitcoin to flow or circulate around the internet for it to be the same.