Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by QML on Wednesday November 01, 2017 @12:06PM
(#15602580)
The thing you have to remember though is that the velocity of Bitcoin or any cryptocurrency is higher than that of normal fiat. We could still have a finite supply of coins that acts as a currency.
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Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by AnimalMuppet on Wednesday November 01, 2017 @04:42PM
(#15605296)
Why is the velocity higher? How technologically easy it is to transfer the currency has nothing to do with actual velocity.