Quote from: Coolcryptovator on December 07, 2020, 02:13:59 PM

Quote from: Joel_Jantsen on December 03, 2020, 11:47:05 PM

I mean imagine, you've Bitcoins but there isn't much cash available in the market to buy your BTC, or simply put people can't afford it? Will bitcoin be of any value then?

Yes, still there will be value. Because many peoples can't afford to buy 1 Bitcoin currently but they have been buying in satoshi. Then the same thing will happen if BTC surpassed fiat value.I don't think the price will go out of reach, but if it does, there would be an upgrade chain with more decimals. So, then everyone would buy that. Also don't think there will not any Bitcoin competitors in the future. Who knows if bitcoin exist or upgrade in new technology after a hundred year?

In fact, it often happens that the value of something on the contrary depends on rarity, not universal availability, and I think this also played a role in creating bitcoin with its limited number. Although for many people to strain too many zeros after the decimal point. Also, let's not forget about alternative coins, which will definitely continue to have their share of the pie and allow the mass of people to join the world of cryptocurrencies.