Post
Topic
Board Bitcoin Discussion
Re: Bitcoin isn't worth it for consumers. And that will stop adoption.
by
gluk64
on 26/11/2013, 16:24:22 UTC
I don't think that there are even 10 people with all their money in bitcoin.
It doesn't matter how much savings you hold in bitcoin. If you decide to limit your savings in BTC to 1% of all your fortune, fine. Now you can purchase a few more BTC for payments and then actually spend them.

The argument was that nobody would spend bitcoins, because they go up in price. This argument contradicts to the idea of limited savings.