Yeah thats right, appreciation in fiat would happen. Maybe there is no difference whatever currency we're looking at. If you buy a house of $500.000 now, and bitcoin adoption *happens* (lets say 15 year), you can sell the house for either 5BTC or $2.000.000. Wealth is preserved then.
However I still can't get my head around the 'new' to be notorious
bitcoin ultra-rich just being added to the pool of rich people just out of thin air, it must come from somewhere. If I have the 5BTC now and hold them, I would be able to buy your house in 15 years, while currently it's almost worth nothing (lolz...well getting close).
However I still can't get my head around the 'new' to be notorious
bitcoin ultra-rich just being added to the pool of rich people just out of thin air, it must come from somewhere. If I have the 5BTC now and hold them, I would be able to buy your house in 15 years, while currently it's almost worth nothing (lolz...well getting close).