I would even say it’s bullish that an #altcoin company bought Fortress.
They see the benefit of bitcoin on their balance sheet.
It will become more common place. ETFs now and later banks offering bitcoin custody as a service
Discussion
I kinda agree with you. The more #bitcoin related stuff is thrown out in public space, the more bullish it is
In the end it will be who can present the most convenient product to the masses. 1st world countries in particular.
Our comparative wealth has made many complacent & lulled them into thinking nothing bad will happen we are “insert country here”.
The slow burn will cause a flip in the amount of wealth nations have & in my opinion a restructuring of world power.
El Salvador, Oman & the countries front running the accumulation, education and distribution of #bitcoin & it’s related technologies will be the next super powers.
Meanwhile countries on fiat will continue to slowly boil until it’s too late.
This! This is so true! First world countries should definitely not lag behind on #bitcoin. I can only agree! I mean, I’m happy to see lands with #hyperinflation go big on #btc. But like you said, it can happen to every country
Especially when these #hyperinflation countries stop using #fiat & no longer protect the issuing country as a buffer.
Sorry what?
The countries that are experiencing hyper inflation are beginning to move away from dollars in favor of hard money.
As fewer countries use the dollar the country that issued them (USA) now has to absorb that loss.
This will mean less purchasing power for the dollar and likely lead to prices skyrocketing as the citizens have to now pay for imports that were priced in bitcoin.
Thereby causing hyper inflation in America & chaos culminating in an economic disaster the likes of which no American could fathom.
Oh okay okay. That’s what I thought you meant. Yep, all true indeed. #btc is truly amazing right?