Re:Litecoin and Ethereum buys and sells are temporarily disa...
by Frogolocalypse on Wednesday December 13, 2017 @03:49PM
(#15917535)
> Most dollars which aren't spent on consumption are converted into equity in productive businesses.
Like real-estate?
Everyone is talking about what if scenarios where huge offshore money or sovereign wealth or whatever comes into Bitcoin YUGE. Well, ok, do you think that money is just parked somewhere or is actually invested somewhere in a productive business?
Most dollars which aren't spent on consumption are converted into equity in productive businesses. In this case, dollars are merely the unit of account. You aren't invested in dollars, you are invested in businesses that produce the things that people need and those investments are measured in dollars.