Post
Topic
Board Speculation
Re: If Bitcoin became the sole reserve currency...
by
bitbeg
on 07/12/2013, 05:04:46 UTC
Bitcoin will never be the sole currency just like the internet is not the sole source for news, phones are not the sole way to communicate etc...

How about cryptocurrencies in general? Anything that requires some kind of prior knowledge, 'luck', pre-existing wealth, technological capability etc. will eventually run into the same problem.

What kind of problem? It's not a problem if it doesn't become the sole currency. I don't think anyone hoped for something like that anyway.

If cryptocurrencies become the only currencies, doesn't that still leave a shitload of people behind?

Isn't every single speculator, consciously or not, hoping for that?