[ExI] What happens when Bitcoin goes to a million bucks?

Rafal Smigrodzki rafal.smigrodzki at gmail.com
Thu Nov 7 14:38:58 UTC 2013


On 11/7/13, Omar Rahman <rahmans at me.com> wrote:

> The main problem with bitcoin is precisely this: it is impossible for
> everyone to have a bitcoin. The system was designed with an upper limit of
> 21 million coins available. The anonymous people behind bitcoin have
> designed this as a 'boutique' currency  for test purposes I think. The 21
> million upper limit automatically places it out of contention to be a
> general means of exchange. Hmm....unless we want to get into 'virtual'
> bitcoins. ;)

### Omar, you think the limit on the number of bitcoins puts it "out
of contention to be a general means of exchange"? Lol.

Rafal



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