I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.
You will never have 1 million bitcoins, unless you are really rich guy.
He is asking will he be a millionaire in USD not in Bitcoins
If that is the goal of using Bitcoin, then you will be poor your whole life.
"How do I use this BitTorrent thing to transfer my Amazon movies I paid for from one computer to another?"
"When this automobile thing takes off will we be able to travel further to buy better horses?"
"If these aeroplane things work, we can use it to oversea the train track construction from above."
As long as products aren't all priced in BTC your analogies are fun but useless.
- When BitTorrent started you couldn't find all movies there so you had to buy movies at Amazon.
- When Henry Ford made the automobile the roads were crap and the mileage too so you could go farther with a horse.
- When the Wright brothers took off they could fly for seconds. Let alone intercontinental flight. We still don't fly every day.
Looking at more recent inventions like the electric car. It's a great invention and the technology and infrastructure is now available making it usable.
As long as the infrastructure isn't big enough, Bitcoin will not be the major payment system.
Don't take me wrong we will get there but it will take quite a long time
.
Very well said... Please remember bankers are ready to take this entire currency off line for good! Watch out for heavy manipulation, good luck to all!!!
https://www.youtube.com/watch?v=m7hfGExP6WY