Imagine witnessing Bitcoin go from $0 to $100,000 over the years and still saying it’s a scam
Discussion
That’s just ignorant
The same people who call it a scam become irrelevant because of it.
$100k doesn't impress anyone, anymore, as it's only the equivalent of $68k from back then.
One Bitcoin will buy you two nice SUVs, and hardly anyone has a whole one, or even half of one. And the people who do have a whole one often have lots of other assets. There are 210 million Bitcoiners and 21 million Bitcoins, so you do the math.
I'm just saying.
It just seems, to them, like we played the crypto casino and won. Same as people who got in cheap on NVIDIA played the stonks casino. I have a relative who won more money than my Bitcoin is worth, playing the slot machines on vacation.
For a wealth standpoint maybe but it’s so much more then that this proves the concept of bitcoin even through a world recession just buy hold and wait IMHO
bitcoin wont make you rich overnight, it does not matter if you dont have a whole bitcoin, bitcoin allows you to save, this is not comparable to a casino, its not gamble, its savings, even if tou win a prize at a casino you will need to save what you dont spend right away. bitcoin wil make you rich in slow motion, the same way inflation makes you poor in slow motion in the best scenario.
Yes. You know that. I know that. But most Bitcoin influencers don't know that.
If you have €500 of Bitcoin and it becomes worth €50000 five years later, those are incredible returns, but you still can't buy a Lambo.
Probably still better than holding €500 of any other asset, tho.
Yeah, but your relative's slot machine winnings go down every year. I bet the money is already gone because there is no reason to save paper.
Stack as hard as you can for three halvings. Buy used cars. Avoid debasement by shopping garage sales. Cook your own food. Live in as cheap of housing as you can.
I've only made about 30k USD per year for most of my life. These all time highs are bigger than anything I imagined the first time someone gave me a $1.50 worth of bitcoin. That $1.50 is now worth more than a weeks pay for me, but it's not like I went all in in 2014. I used that small amount to study for 6 months before I bought any.
It's not like NGU stops at 1M.
Just send this to normies: https://wavlake.com/episode/1d98f507-21b7-4d45-8289-e063dc1c00a2
Only a few years ago it was at 12k been a roller coaster ride watching it climb
What ima gonna do!?