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So... some people ... like John McAfee and others say BTC will rise to the moon by 2020... or at least rise even more.
This poses one question, how will BTC be accepted by the majority of the people, when a small minority already has all the coin.
If half of the coins are in the hands of some random chinese miners and some are in the hands of some tech savvy kids who happend to join the hype train early enough...
How will the coin "BTC" have real value when nobody of the rest of the world will be able to "afford" it anymore.
In my eyes... governments will simply work together and create a "semi" official crypto-currency that will then be exchanged with the FIAT on a certain fixed day for a fixed rate and then ... BTC will be worth "fuck all".
Opinions?
The bubble is real? Isn't it?
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>Muh digital revolution
>Muh fuck bankers
China controlled currency with an known (((creator))).
yes
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>The bubble is real? Isn't it?
hope so i just sold 100k
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>>2821878
They already have done.
It is called Ethereum.
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>Fucking central banks, enough let's create something that will avoid them
>Digital currency using the Internet witch is controlled by the same small group of people
That will show them
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>>2821878
>gee biz what happens in a market when there is less supply than there is demand?
>Btc is doomed!
Maximum b8 bro
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>>2821878
>how will BTC be accepted by the majority of the people, when a small minority already has all the coin.
>what is every currency in the world, including the US dollar
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>>2821878
It won't stay in our hands forever. One day people will want to cash out for cars, houses, legitimate businesses. Not just be wealthy in currency for the sake of it. It will most likely transfer from us to the people who hold the assets we want AKA the current elite.
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>>2821930
>gee biz what happens in a market when there is less supply than there is demand?
why would there be demand for something that can be duplicated in a governed way ?
---> see all shitcoins
if you can create shitcoins then the government can create a state sanctioned coin and distribute it fairly according to a fixed rate vs. FIAT...
why would any of the 80% normies of this world accept "BTC" at the point when the public is ready for a cryptocurrency?
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>>2821944
why would the current elite give away cars, houses etc. for something they don't (don't have to) value?
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