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vnprc | 10 months ago (raw) | root | parent | reply | flag +3 
 I think paper bitcoin is inevitable. There will be many shakeouts as they come to terms with the new reality of absolute scarcity and 24/7 global settlement.
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Karnage | 10 months ago (raw) | root | parent | reply | flag 
 Of course, where there's profit to be made off of suckers, profit will be made. Thing is, there's no absolute scarcity in paper bitcoin. Shakeouts will happen until a shakeout becomes "too big to fail"