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RE: John McAfee Vows To Eat His Dick On National TV If Bitcoin Doesn’t Surpass $500k By 2020

in #bitcoin7 years ago

Take it with a pinch of salt, but I will propose this.

If the USA develops hyper-inflation, the dollar would be worth less. Increasing bitcoins value vs the dollar. Not that its purchacing power is stronger. Bitcoin is still trying to find its true value as it is still new, and probably wont until the mining phase is over.

So if hyper inflation does hit, lets look at Venezuela as an example.

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Until the mining phase is over? That would be too long. We need a solution much sooner.

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