Brian Armstrong
Stephen Pair
@brian_armstrong you are crazy, it won't take anywhere near that long
Many will find this crazy, but I think bitcoin could surpass the dollar as reserve currency within 10-15 years.
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@brian_armstrong let's make it scale first to buy coffee, then let's talk about reserve currencies. - View other replies
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@gubatron@brian_armstrong IMO: scale down on the payment network expectations. Refocus on Bitcoin's strongest attribute : store-of-value -
@bergalex it only serves as a value store with price stability, which depends on a mainstream sized market. U need the payment network first - View other replies
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@gubatron Mathematically enforced scarcity + unforgeable = great SOV.@DanielKrawisz had nice article on this here : http://nakamotoinstitute.org/mempool/bitcoin-as-a-store-of-value-unit-of-account-and-medium-of-exchange/ … -
@bergalex@DanielKrawisz technically great SOV becaise of those features, but in the end, "value" is assigned by human perception. - View other replies
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@DanielKrawisz@bergalex if you think otherwise, I challenge you to take all your money out of the bank and put it all in Bitcoin :) -
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@brian_armstrong A very unbiased and neutral opinion. -
@brian_armstrong Many find it taboo to say that for fear of being judged or appearing as crazy speculators - kudos for calling it out -
@brian_armstrong#Bitcoin is very likely to become the world's digital reserve currency; becoming physical reserve currency is another story -
@brian_armstrong 26 months ago another guy alluded to Bitcoin as a future reserve currency: http://www.bloombergview.com/articles/2013-05-30/bitcoin-the-perfect-schmuck-insurance … -
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@brian_armstrong@attrc seriously doubt it. -
@rhcp011235 ha I don't believe that, I just Ike to RT people that say crazy bitcoin stuff -
@attrc HAHA. it will remain “Cool” to people who buy non-legal stuff. thats about it
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@brian_armstrong not as long as there are politicians and police to enforce laws and encarcerate those who break them. Regulation kills BTC -
@coolbearcjs@brian_armstrong incarcerate* And no. All the regulations, especially the bitlicense, have strengthened bitcoin. -
@pierre_rochard@brian_armstrong strengthened? One opinion. What happened to privacy the great promise of bitcoin?
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