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Re: theymos activity on Reddit - A collection of posts
by
Tajuluc
on 16/06/2019, 14:32:31 UTC
interesting thread,bitcoin forum being a legendary forum in the world of crypto it is quite interesting to know how one of its founder thinks as most of his thought will have being influenced by satoshi himself..


Quote from: darikbtc
Is it really realistic to think that BTC could reach $1 million someday? (as Mr Mcafee says)
It's possible, but it's ridiculous to just draw a line on a chart and conclude that it's going to happen anytime soon. If Bitcoin reached such high prices, that'd either cause or be caused by world-shaking events: BTC would have a market cap greater than the USD M3 money supply, and quite a few BTC early adopters would have wealth comparable to countries.

The easiest way to reach $1 million will be USD hyperinflation. I think that this will happen sometime in the next 50 years, since it seems to me to be the only plausible outcome for the US's addiction to debt. But this says more about the value of USD than BTC.


we can see that he is quite optimistic on the future of bitcoin but is not moving ahead of himself,which is reasuring as i have always wonder if the header of such a forum is  worth his title.This is just a few portion of his mind not enought to conclude but it is a start.thanks oyarebu,if i had merit you will have being given one.