If youβre a wholecoiner youβll be so rich that companies will call you to get loans from you. Youβll basically become a bank.
Discussion
If that happens quick, then it is dangerous. And judging by the way this entire storm has been managed until now, everything is very very safe and premeditated. So I do not see how it could happen quickly. El Salvador is the first PoC. There will be at least a few more before the main rollout.
If that happens quick, then it is dangerous. And judging by the way this entire storm has been managed until now, everything is very very safe and premeditated. So I do not see how it could happen quickly. El Salvador is the first PoC. There will be at least a few more before the main rollout.
But eventually yes, I tend to agree with you.
The twist is, when that happens, there won't be any wholecoiners left.
π¬ like not around to bail them out or dead
Died with keys, spent their stash in their retirement, given it to kids who blew it etc etc.
It's the way of things.
For there to be no wholecoiners left, this process must take several generations at least. But I don't think it will. There will still be wholecoiners around. Whoever already holds bitcoin not for rhe sake of later selling it for profit, will most certainly keep at least one whole coin till their death no matter what.
I think less than a few generations.
A man with three kids and two Bitcoin is going to leave no wholecoiners, for example.
