Call me crazy

But isn’t the point of bitcoin supposed to not be tied to USD. If we’re trying to shift the currency to BTC, it doesn’t matter what the USD value is. 1BTC is always 1BTC there’s still only 21 million coins (probably closer to 18.5 million due to blockchain loss). Technically this is still a hedge against fiat. It’s just so early still, so we can’t peg it to any other store of value.

We need to collectively figure out what the value of 1 satoshi is. Maybe 1 satoshi will = a hamburger, cup of coffee, etc.

Maybe this is going to happen down the road and I’m just thinking early, but it’s good to ask the “what if’s” especially right now.



Submitted March 14, 2020 at 02:06PM by wetwoodfloors https://ift.tt/33maTCv

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