You are viewing a single comment's thread from:

RE: "I Turn Sheep Into Lions." By Gregory Mannarino

in #introduce8 years ago (edited)

Bitcoin dollar denomination must be proportional to the velocity of bitcoin in the system, since supply is fixed and greater computing power is required to track increasing volume of transactions. Unless everybody is swapping bitcoins for day to day e-commerce, there is no utility for it. Buy and hold investors will get burned and deservedly so.