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RE: The case for $1 million per Bitcoin isn't as crazy as it sounds...

in GEMS6 years ago

what's the point in having 1 million Bitcoin if it cost so much to send it. Honestly people should pay more attention to other projects instead of jumping on the bitcoin hype train. Bitcoin will always be here to protect your value. Honestly since i been in crypto space. I see more value in steem than bitcoin. But thats just my take on it

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Digital gold. How often is gold transferred or used for purchases? I think if bitcoin ever reaches $1 million it will be because bitcoin is used as a settlement layer for central banks and counties. You are right that the current iteration of bitcoin can never be used at scale for every day purchases.