[Cryptography] Cryptocurrency: CME Approved, Coin Paychecks, FED, OpenBazaar ZEC BCH

Jerry Leichter leichter at lrw.com
Sat Dec 2 15:09:36 EST 2017


> Total value of Bitcoin it is currently around two hundred billion, not two hundred trillion.
> 
> It is reasonable that the total value of bitcoin should be comparable to the total value of gold, which is at present ten trillion.
Why should the two be comparable?

Even if you think cryptocurrencies are equivalent to gold, why do you choose just Bitcoin to match gold's value?  Why not the aggregate value of all the various coins out there?

> Hence Bitcoin can plausibly rise from ten thousand per bitcoin, to five hundred thousand per bitcoin.
> 
> On the other hand, my cleaning lady is investing.
I'm trying to think of a way to short Bitcoin....
                                                        -- Jerry



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