BEER & ORANGE JUICE πΊπ
Todayβs episode was all about bitcoin. And why were living through the PERFECT STORM.
Why bitcoin is up, and why it will continue to rise over time.
1. Halving - supply going down
2. Faith in the system - demand going up. 1 million new bitcoin wallets last week
3. People swapping their alt coins for bitcoin due Gensler calling it a COMMODITY and the future implications of this
4. Itβs creating a worldwide marketplace without the need for different currencies, fees, government intervention
5. Room to grow - bitcoin is a rounding error right now. Capturing only 5% of the worldwide market cap will put price at $2 million per coin.
*It should be much higher than 5% in my opinion. Only a matter of time at this point.
Let me know what you think and if I missed anything here!
Hope you enjoy it! π§‘
#plebchain #bitcoin #introductions
https://fountain.fm/episode/14258324209