Hyperbitcoinization: The Path to Total World Demonetization

2018-8-29 12:38

The term hyperbitcoinization is used to describe a utopian (theoretical) state of the world economy where Bitcoin is accepted as a legal tender worldwide while all fiat currencies have become devalued and replaced by the digital coin.

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hyperbitcoinization world fiat currencies all worldwide tender

Èñòî÷íèê: cryptovest.com

hyperbitcoinization world → Ðåçóëüòàòîâ: 3


Ôîòî:

Hyperbitcoinization: $100mil Per Coin by 2030 activity

At least one theorist believes the above will happen, and further postulates one hundred million dollars per bitcoin could be in the works as early as 2030. “Bitcoin-induced currency demonetization, or hyperbitcoinization” is what would occur should “any hapless currency” stand “in bitcoin’s path of total world domination. The current store of value talk and

2018-7-8 06:40


Ôîòî:

‘Extinguishing Capacity’: Bitcoin Could Swallow All M1 Fiat At $223K Per Coin

$223,186 is the price Bitcoin would need to be in order to convert the entire world supply of fiat currency, industry figures calculated July 2. M1 Fiat Could Go At Less Than $250k Part of an ongoing debate on social media, Blockstream CEO Adam Back and CSO Samson Mow joined Bitcoin Think editor Beautyon in discussing the phenomenon of ‘hyperbitcoinization’ – the as yet untested process by which consumers abandon fiat en masse for Bitcoin.

2018-7-3 00:00


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