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I'm a bit concerned about the devaluation of the dollar which is why I've been following Bitcoin for awhile. There is a fixed amount of Bitcoin available - 21 million. I also think the smart contract nature of some cryptocurrencies such as Ethereum will help in the area of estate planning.
Wow! Lately there have been many articles about how damaging to the planet the Bitcoin Proof of Work algorithm is. Thanks for doing this calculation.
Toggle Commented Feb 11, 2018 on The Bitcoin Power Equation at Cubegeek
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At the time this was written, Coinbase wasn't as popular as it is now. The annual signups and members that Coinbase has have made it a powerhouse that GS should have acquired. It will only get more expensive as time goes on.
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Do you think the smart contracts in Ethereum are going to change how estate planning occurs? Using smart contracts would be a good way to pass assets to descendents. Maybe something like this could be done with Bitcoin as well.
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Feb 10, 2018