People will use it more like a savings vehicle than a currency up until people no longer want to accept fiat as payment and I don’t see a problem with that. Even if that remains the case forever, it’s still something I’ll hold onto tightly.

But I think people will prefer bitcoin over fiat for payments when their fiat is hyper inflated and/or volatility and fiat-numerated gains in bitcoin level out.

Reply to this note

Please Login to reply.

Discussion

No replies yet.