Post
Topic
Board Economics
Re: Would people pour their cash into bitcoin given a stock market crash?
by
boumalo
on 18/04/2014, 00:04:28 UTC
Either bitcoin itself or an IMF crypto is likely to be used for international settlements and primary reserves 5 to 10 years from now.  It would be foolish to create a novel crypto, with an untested codebase and protocol, and place it in such a central role in the global economy.  Therefore, I expect bitcoin to fulfill that role.

We are hoping for that but there is some potential for money transfer or as a currency as well