Post
Topic
Board Economics
Re: Long Bitcoin Short Banks.
by
clrpod
on 17/01/2019, 20:16:58 UTC
You'd think with how extortionate it is to borrow from a bank that they would try and encourage savings as much as possible so they could make more loans. Then again I guess that's not really necessary when they can just use fractional lending to multiply their funds 10 fold or more


The terms of using Bitcoin will be very unusual by the people because we don't accept while the price becomes very low but we had slept while the price become more higher do not a good system to convey the development of Bitcoin because when the price become low we are selling our investment this will affect the development of Bitcoin that's why the untouchability will continually flowing through the cryptocurrency especially Bitcoin.

Price won't affect the development of bitcoin whatsoever. Most of the work is already done and there are countless people working on improvements. Most have been doing so for a long time, they've already banked their millions and are doing it for something other than money, therefore for them to continue, price doesn't matter.