FUD: Unless using mined bitcoin's people will never purchase anything with BTC unless the current trading price market price is over the price they paid for it and this will make put a bitcoin based economy in peril
FUD: If the price is over the user's purchase price they will be in a constant cycle of buyers remorse or else waiting for a better price for goods because of the potential speculative return from an increase in price and this will make put a bitcoin based economy in peril
Oh wait, both of those are true.
Bitcoin in a fantastic disrupter of the old transaction fee hungry financial systems, it will be ground zero for change.
In that it is revolutionary.
But it will will most likely fail to become a viable currency unless the volatility vanishes and it goes into a consolidatory sideways pattern. This is unfortunately not very probable either.
FUD: Unless using mined bitcoin's people will never purchase anything with BTC unless the current trading price market price is over the price they paid for it and this will make put a bitcoin based economy in peril
FUD: If the price is over the user's purchase price they will be in a constant cycle of buyers remorse or else waiting for a better price for goods because of the potential speculative return from an increase in price and this will make put a bitcoin based economy in peril
Oh wait, both of those are true.
Bitcoin in a fantastic disrupter of the old transaction fee hungry financial systems, it will be ground zero for change.
In that it is revolutionary.
But it will will most likely fail to become a viable currency unless the volatility vanishes and it goes into a consolidatory sideways pattern. This is unfortunately not very probable either.