Post
Topic
Board Speculation
Re: Bitcoin - The road to a SIX DIGIT price valuation
by
Who is John Galt?
on 16/07/2023, 14:28:37 UTC
Altogether they control TRILLIONS of wealth.

It's probably why Bitcoin developer Peter Todd has currently been saying that he's open to the idea of an inflationary cryptocurrency.

There are already a huge number of such cryptocurrencies. There are already so many full-fledged blockchains that it is difficult to count them all. If someone needs inflationary cryptocurrencies, then they can either choose from this set or make their own as much as they want.

As for trillions, they are not going to buy bitcoins with all these trillions. If I go to a candy store with a thousand dollars of capital, it does not mean that I will spend more than a few dollars there. Cheesy