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RE: The Great Flippening: Bitcoin And Ethereum

in Threespeak4 years ago

spending

Nowadays that is what most people are doing with fiat money. If they do that with cryptocurrency too, then that may lead to mass adoption.

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Yes but I fully expect BTC to be a currency that people are unwilling to spend. Why? Because there is a limited amount and the amount generated will only get smaller over time. So if ETH were to change into a similar deflationary structure then we would see something similar.

So if people are unwilling to spend ETH then I don't think we will have a good functioning economy so people will turn to other cryptos as alternatives.

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