This bullrun will be VERY underwelming. That is my belief.
I do no longer think we will see a 500 k Bitcoin in a couple of years. I would be happy if we saw 500 k in 10 years. 1 million will be in 20 years (which would be good 👍🏻).
Discussion
😂😂😂
What is funny?
Supply/demand
Yes. That is a legitimate point. I hope it will be that simple. But I suspect there are unknown factors that will play an outsized role to counter that force. Just a feeling. Hope I’m wrong.
Yeah shitcoins probably. Otherwise AI computing power will be paid in #Bitcoin and settled on #Lightning. Inevitable.
Not talking about ETF's and derivatives.
A halving comming up,
Strike and Aqua going global with fantastic wallets etc
Also check this out if you haven't yet.
You are thinking “how much fiat can I get for my BTC?” You and I are not the same.
FIAT is for now the measurement of the buying power that you have. When (and IF) bitcoin will be the dominant measurement we can talk about measure in Bitcoin. But right now Fiat is very important for the measurement.
Or do you not care about the buying power? Is bitcoin not money for you?
No I don’t care about buying power, I care about storage power. Specifically storing time / energy up for a future generation where all the energy in the world will not be able to mine more than 1 BTC in a year (ca 2097).