I may be new to Bitcoin and Digital Currency but I am one woman that sees the future in this. So much so that I see it as a mainstay. Right now, we talk about conversion to use dollars. Even on Overstock and other sites that take the coin, still it states how much dollars it is and then we have to convert it to know how much bitcoin that is to us dollars. I was telling my spouse that I see a future where we will see everything in Bitcoin. Prices on websites and at vendor shows will say things like ".2 bitcoin per muffin" or something like that. the US dollar has no value because that dern govt just keeps making more money. It is not connected to the Gold standard anymore, thus why our dollar has fallen.
If I understand this right (and please correct me if I am wrong, just be nice) that there is ONLY 21 million bitcoin. There is "7.6 billion people in the world. That means if every person in the world had Bitcoin they would have 2.76bitcoin. However, as we know it, some people like Satoshi Nakamoto, who is recorded to have 1 million bitcoin as well as others who have more than others. That means there is no way at this point every person in the world could even have a fraction of a coin, or I guess they could but it would be very, very small. Though the reality is, that since there are the naysayers thinking it is a bubble or it is going away, that means that many will be left without any bitcoin and only those who jumped into this while they still could will make any money off it and will have it. As I think about that and the way I think things will go, there will still be those who are RICH, so to speak, as they will be the rich ones in bitcoin. But since we all need to spend it to make it, then there is perhaps a possibility that everyone will have bitcoin because everyone will be using it. I am not a psychic but I can tell you from my perspective that means we will still have an upper class and so on because of this. Yes or no? Am I wrong in that?
Do you think there really is a possibility of our money moving COMPLETELY to Bitcoin? Or at least Digital Currency based? I do. I am not quite sure how we will get there, but I see it almost clear as day. Digital Currency is more stable, is used in regular markets now online and so on and now with people using and having Trezor and other Bitcoin Wallets, with QR codes, we all will be walking around with digital devices that house our digital money. Remeber, he who has the keys has the money. I read that but don't know where however it makes perfect sense to me.
I say to my friends and those who are naysayers, go ahead, you just sit there and wait while we all mine and earn digital currency and get rich off of it.
This year Bitcoin started the year at $500. That's it. We are ending the year with Bitcoin value being at $10,000.
I'm sorry what part don't you understand?
Would love to hear your thoughts and comments...
~TrishaTrixie, #TheBitcoinFemmeFatale
www.weeklystandard.com/bitcoin-is-dead/article/784187
http://time.com/money/5002207/richest-people-with-bitcoin/
https://en.wikipedia.org/wiki/World_population