What about if just 1% of the population decided to join BTC?
What would be the outcome? How rapid of growth could we take on?
Wouldn't it have a negative effect on the system? What is a stable growth rate for BTC? Could we really one day replace ALL currency PERIOD?
What about global currencies together vs BTC? If everyone hopped on BTC doesn't it dry up government funds globally?
If people start refusing traditional currency over BTC, would banks just print more money? Or would they give in?
If they can print as much money as they want, then that means they can always be ahead of us anyway, right? Or am I wrong? They could buy any amount of computing power they wanted, and even develop ASICS them self probably better quicker and faster than anyone
(not because they are smart or efficient, simply because they can afford literally anything)
Whoa I just had a panic attack.
I love BTC though.
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Other notes: What about directly privately controlled currency for virtual realities? They hold value, sell/trade for money.. SecondLife, Diablo II, Diablo III, World of Warcraft, etc.