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

[James A. Donald]

>> 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.

On 12/3/2017 6:09 AM, Jerry Leichter wrote:
> Why should the two be comparable?

People hold gold for roughly the same purpose as they hold cryptocurrency.

> 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?

Sure.  Some other crypto currency may, and quite likely will, replace 
bitcoin.

But at the present moment, Bitcoin is where it is at.  The aggregate 
value of all the various cryptocurrencies out there is approximately the 
same as the aggregate value of bitcoin.


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