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Non-Tech : GBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX
GBTC 13.11+4.4%Aug 12 4:00 PM EDT

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To: Ron Dior who wrote (163)6/28/2019 8:51:05 PM
From: Elroy  Read Replies (1) of 169
 
It may take another decade but fiat currency is going to be replaced.


Perhaps, but not by Bitcoin.


The problem with Bitcoin is ~75% of it is already mined and owned by somebody. Why would the powers that be want the holders of that 75% of already mined Bitcoin be the ones who benefit from the transfer of wealth from fiat to crypto?


If fiat is going to be replaced, it will be replaced by something other than Bitcoin.


But.....until the death of Bitcoin, it's a fun ride!
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