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by alan_cx
4865 days ago
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Dont you think there would be an initial sort of violent (I could use a better word there) revaluation which would quickly settle down in to something stable? I suppose a bit like initial trading of a new businesses on the stock exchange, perhaps? My, granted ignorant, assumption is that BTC would keep revaluating each time a big organisation adopted it, but that "reaction" would smooth out as more and more organisations adopted it and its value settled. So, yes, initial pain, but surely all interested would know and accept that in advance. As usual, early adopters accept the pain as it were. But early adopters in general are up for that for the thrill, if you like, of being there at the beginning. A bit like people who buy Tesla cars. They know its not perfect and that there will be some pain, but they love it anyway. |
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