satoshin • May 25, 2017, 7:38 am EDT
How Bitcoin will see massive adoption – it might surprise you.
Cryptocurrencies could see massive adoption perhaps in a way a typical fiat currency would not. Here is how: As people will keep spending fiat (why hold on to it, it loses quickly in value) they will naturally try to preserve and hold on to their bitcoin. Exceptions of course exist: if there is some real imperative for them to spend, they will spend their Bitcoin – this alone has been hailed as distinct marker of a debt-ridden society in which capital continuously gets misallocated and one where a limited asset constraints capital investments and makes sure they will have a superior return
3 minutes