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Author Topic: Retail NOT= BTC price improveing much. Amazon, etc not that important  (Read 531 times)
jubalix
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April 15, 2014, 10:38:26 PM
Last edit: April 16, 2014, 05:06:49 AM by jubalix
 #1

The real value is not in retail. Essentially you buy depreciating good from retails outlets, of small value that are thrown away.

As a sector, retail is worth around about 6% of US GDP.

This angst over Amazon, Walmart, <insert retailer of angst here> is misplaced.

In fact I would be careful what you wish for.

The Real value is in appreciating asset purchase, backbone currency.


I do however add I think the "recognition factor" of retail outlets is > than 6% GDP.

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
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April 16, 2014, 02:14:52 AM
 #2

Fuck retail, 18 trillion in Wall Street and 30 trillion in offshore assets is where its at.

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April 16, 2014, 04:22:29 AM
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I think that's a good point, the store of value angle to a large extent bootstraps acceptance.
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