Post
Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin will change, like PayPal did?
by
fnamcma879
on 11/08/2018, 09:50:37 UTC
If bitcoin prices were to stabilize the richest people would do the same thing they always do, hold productive assets rather than currency. We could denominate their wealth in bitcoin but they wouldn't need to actually have any in their wallet to do so. Holding a means of exchange isn't advantageous unless you plan to actually make an exchange. Rich folks don't have money, they have appreciating assets.