I have a thought about the recent fall in dominance of #Bitcoin.
People see #BTC doing well, think itβs too late/expensive to get involved and incorrectly conclude the next wave of profit is to be made on altcoins.
Is there any research to back this up?
If/when #Bitcoin is adopted as the global reserve currency its key differentiator from fiat currencies will be the fixed supply. How is this different from Margaret Thatcherβs monetarism which sought to limit inflation by reducing the money supply and which, more to the point, ultimately failed rather badly?
