Post
Topic
Board Economics
Re: The need for bubbles
by
tristan_luther
on 17/09/2013, 00:51:54 UTC
Everyone could get 1 million dollars loan from bank and purchase bitcoin and then they can get a guaranteed income during rest of their life. Unlike IT and housing, the spending on bitcoin is an investment like pension fond, but the return is much higher than pension fond

Since there will not be excessive supply like IT and housing, the bubble won't burst, it will just grow and grow and grow



I am pretty sure there is a hole in that theory, but I am sure someone else can explain it better than I can.