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RE: The Slow Climb

in #bitcoin7 years ago

Good post! An economy of words, but a wealth of advice.

I think that since Bitcoin is increasing in total money supply slower than the global economy, a "semi-slow" increase in value over time will eventually be the norm. However, perhaps this will be when a high level of market saturation and adoption has been achieved. Nevertheless, the value should climb much faster over the years than other currencies, due to greater demand, linear and restricted growth in money supply, and the growing utility of the use of Bitcoin. It's the volatility due to the "insanity of crowds" that worries me in the short term. Good job on this post.

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thank you coinae, we all must find a way to escape our debt based system - cryptos seem like a great place to start