Not much flowering for us this season but these pretty pink hydrangeas have brightened my day.
Lately I have been feeling the bearish sentiment radiating from those around me online and in person and I've even caught myself asking questions like "what if I'm wrong?" and then I remember "21 million" which is less than 1 per person for the entire population of Australia, let alone the world and I go and buy more sats.
No one fully comprehends the scarcity, it has never been seen before.
I'm never pessimistic about Bitcoin. 21 million is the theoretical maximum, but due to various uncontrollable factors, the actual number of Bitcoins in use will be far less than 21 million. Bitcoin's current situation seems more like the result of deliberate suppression. Traditional finance has developed for hundreds of years, while emerging blockchain-based finance has only been around for a little over a decade. However, its rapid development has already caused panic in traditional finance. Once traditional finance is replaced by blockchain-based finance, it will plunge established financial giants into despair, while those with technological prowess in blockchain-based finance will rise to prominence. This is an unprecedented and massive exchange of interests. This is inevitable, as irreversible as the advent of the automobile inevitably replacing the horse-drawn carriage.
Agreed. There is so much more to be said, which is why we are bitcoiners ....
But two main things on my mind right now is 1. many btc have been lost or will never be available again, so definitely less than 21m
2. Tradfi can only hold this beach ball under water for so long
The battle between traditional finance and blockchain finance has only just begun, and it will be a long and fierce struggle. The old guard will not easily relinquish such astronomical wealth. /
If horse-drawn carriages disappeared, would people stop traveling? Of course not; they would switch to cars and trains. The wealth that originally belonged to horse-drawn carriages didn't disappear; it simply transferred to giants in the emerging automotive technology field. /
If film disappeared, would people stop taking pictures? Of course not; they would switch to digital cameras. The wealth that originally belonged to film and film cameras didn't disappear; it simply transferred to giants in the emerging digital camera technology field. Similarly, if traditional banks disappeared, would people still need finance? Of course they would; they would use blockchain-based financial services. The enormous wealth that originally belonged to traditional financial giants wouldn't disappear; it simply transferred to financial elites in blockchain technology. /
Among the unsung heroes who have mastered this technology, some will become giants of the future financial world in this massive transfer of wealth.
