Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a Digital Gold??
by
Sutters Mill
on 31/08/2018, 11:48:18 UTC


The Bitcoin whitepaper was made almost 10 years ago. The price of a Bitcoins was not expected to rise to the thousand for just one coin back then.



How do you know what value satoshi expected bitcoins to be worth? He did once say something along the lines of he envisions either huge adoption with lots of people using it or none at all in the future. If the former is true then I'm sure he would have expected that bitcoin would be worth a hefty value in fiat terms, but I guess satoshi's speculation is something we'll likely never know unless he ever returns (or he did actually say somewhere how much he would expect bitcoin to be worth).