Crypto as a medium of exchange doesn’t need high speculative prices to change the world. A nation’s economic health is measured by GDP, not the price of their currency vs. a basket of other currencies.
-
-
Replying to @garrytan
Disagreed. The market cap (i.e. price) of a given cryptocurrency needs to be enormous before people begin using it as a medium of exchange. The disincentives to spend + Volatility + Illiquidity are too high for the majority to be doing it before then.pic.twitter.com/8F2rhCgaep
3 replies 4 retweets 26 likes -
Replying to @MustStopMurad
So once we reach medium of exchange, we'll all be paying .0000002 BTC for a cup of coffee? Hard to envision this sort of future. Am I missing something?
1 reply 0 retweets 0 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.