Post
Topic
Board Economics
Re: Have people become wealthy before, like with bitcoin?
by
Ron~Popeil
on 09/06/2014, 21:18:55 UTC
So what happens to the world if millions of millionaires are created all of a sudden?

A million millionaires would require purchase of 1 trillion dollars worth of bitcoin.  How is that going to happen?

As demand grows fiat currency will buy less bit coin. This is where divisibility comes into play.