Quote:
Originally Posted by TumblrPRO
The total number of bitcoin possible is capped at 21 million (currently theres about 12 million)
The idiots who claim bitcoin will be the worlds new currency are dillusional.
There are over 7 billion people in the world right now.
With a maximum of 21 million bitcoin in circulation, that's 0.003 bitcoin per person... 1 bitcoin to be shared with 333 people!!
Well... I guess they'll just have to take a leaf outa ol' Benny's book, and do a bit of Bitcoin QE to make this scam work.
Money made out of thin air. We have seen this over and over and over, in the last 200 years of human history. And the end was always the same...
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I thought that at first but it's wrong to think that way, you can trade, buy and sell with fractions of BTC. If 1 BTC became worth a million dollars, yes the number of people that could actually own 1 whole BTC would be very limited but you don't need to own a whole BTC at that level for it to be a viable currency. I don't need to own a million dollar bill to be able to spend $2 in Macdonalds.