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RE: BITCOIN: When I first called +$1,000,000 BITCOIN a while ago, some said I was totally crazy, some said I was a genius..!!
And what are fundamentals for that? Less than 3 global retailers allow you to pay in bitcoin down from 5 last year. I would not put even one cent into bitcoin. But so far market has proven me wrong. Let's see of the future. :)
Why such a low number? Quite simple answer, nobody wants to spend their bitcoins. Why would you want to spend something that will appreciate over the time. For that we have fiat.... For me bitcoin will be store of value. 1mil? Hmmmm, that sounds very nice but nobody knows, things change rapidly and on daily basis.....
Why does it matter to you, how many retailers accept BTC?
WHY ?
With all the respect, I think your understanding of cryptos is far far away from WHAT THEM REALLY ARE
Bitcoin's ( or crypto's in general) main purpose , and power is NOT in it's usage to retail payments.
I always remember Andreas Antonopoulos phrase:
If I could rename Bitcoin, I probably would name it TRUSTNET