GM
El Salvador upping their game again:
Discussion
Yes and with IMF money 😜
I can't find out if they've actually received the money yet.
Oh, that's a shame, I figured as they bowed to the impossible mission force that they'd given them the finger
I believe they intend to use IMF money to mine the $3.5T of gold they found to sell for Bitcoin to become one of the largest holders of Bitcoin on the planet.
They are just using a bit of spare change to up their BTC holdings in the meantime.
The price, agree to stop forcing merchants to accept Bitcoin.
My understanding is that Bitcoin is dying as a currency anyway because who would wan to spend their BTC when they could spend USD.
I don't believe BTC will succeed as a global currency until it has reached its stable price, which should happen, I believe in the next epoch.
I explain why here:
https://habla.news/u/mhardcastle@nostrplebs.com/1732297906156
nostr:note1c9mnp334enf0h8yk54d2wv5ljud5p0ehmk07mflkeg5az9lrglfs9w8g95
GM!
Happy 4th Advent
stay humble, stack sats
GM☕️☕️🌅🌅✝️🎄Imitation is the sincerest form of flattery. nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m
Interesting. Is the next epoch in 4years?
Yes, the next halving will be around April / May 2028, with that bullrun happening around Oct 2028 until Oct 2029, so I think we will reach a final, stable price for Bitcoin by the start of the next decade.
Of course, the dollar is hyper inflating, so as many point out, the BTC price to the USD will go up until the USD dies, but its real value in terms of purchasing power will stabilise within 5 years, I believe.
At that point, it will start to become adopted as a currency widely.
