My family thinks I’m crazy being into Btc… I just hope I have enough if they lose their money in banks. Got me thinking. Wouldn’t that cause a run on Btc? If my family is in need I would have no choice but to sell my Btc. You would do the same and it would cause a sell off. I wonder if this idea holds water.
Discussion
My family too thinks I’ve lost my shit for going all in on BTC. We’re so early buddy
Así es la vida.
I wonder if it would be that they “lose” their money or it will just be worth nothing? Might not matter if you have to sell but in a perfect scenario you are giving them BTC and they are transacting with it and no one is selling anything.
I mean lose what they have over 250k in. The banks
I stopped actively talking about buying, just keep quietly stacking sats. IMO if selling bitcoin in the future to help support your family was needed everyone would be selling at different times so it wouldn’t cause a run.
Not if all the banks go down at the same time more or less but I get what you mean