[tpeng]

There's no obvious reason why BTC velocity should go lower than USD velocity. If anything, its electronic nature and potential for fast settlement times should indicate a much higher velocity than USD M2.

[im3w1l]

>Note that sam's point about merchants immediately converting BTC back to USD serves to increase the money velocity (perhaps by >10x).

If this changed, it could at least get closer to the velocity of usd.