e7
nobody
e7eb4e8f9cbf1e5cd26b81f73a95d065f94380e0d85842303d782fc67e59bcc9
account deleted

Yes but we need land to live on, to grow crops on, to raise animals on, to drink water from,etc. Real estate will always be much more valuable since it provides the basic necessities humans need for life, which bitcoin can’t provide.

I look at bitcoin as digital gold “at a minimum”, which in of itself makes its $500k/btc + though.

#Bitcoin gives zero fucks about what statists like Senator Warren have to say.

The pharma part of the military-pharmaceutical-industrial complex.

If you read the book “The Devils Chessboard” you will have little doubt ex-CIA chief Allen Dulles was behind the whole thing.

Beautiful talk on Swan Signal about how bitcoin will change the world. Thank you.

This from a company that paid out $40B in fines from fraud and scams in the last two decades.

#BoycottJPM

With 5% Fed Funds they are still paying 0% on their checking accounts and screwing those who can least afford to pay with punitive fees for holding $ with them. F them.

#BitcoinFixesThis

#Bitcoin

So the billionaire banker who creates money out of nothing and charges interest on it to us, and who has paid $40B in fines for fraud under his watch, doesn’t want people to own their own money? I wonder why?

The massive supply of bitcoin for sale coming in to drive the price down from $1M to $500k in this example that you state, would come in far before bitcoin ever got close to $1M. Bitcoin is not going to gain the equivalent of US GDP ($19T!) before this supply comes in. Pure hopium, and unfortunately, just like last cycle, people who cant afford it will over invest at the top because of ridiculous predictions like this.

This is just an irresponsible. Just like your many other hopium based calls in the last cycle that were ridiculous and wrong.

$1M? Sure, eventually. But you said $1M in a matter of “days/weeks”. An increase in the market cap of the bitcoin network the size of US GDP in days/weeks???

The institutional dollars coming into the space will have less and less of an effect as the price gets higher and will certainly be met by an increasing supply of bitcoin from bitcoin owners who have massive gains (not all whales are HODLing all their bitcoin forever regardless of price, obviously).

The supply demand equilibrium is much higher than today’s price, but to say $1M is pure bullshit hopium.

You need scarcity/programmed supply for the censorship resistance to matter though. Who cares if you can send value to someone w/o permission if that value can be obliterated in an instant.

Let’s get an AI generated pump it up song.

$$40K/BTC is nice.

But step back.

Look at the big picture.

In the 2030’s #bitcoin will likely have a daily trading range of $40k.

In the 2040s, the bid-ask may be $40k.

In the 2050s you won’t want to have anything to do with dollars-unless they are backed by bitcoin.

We are still at the start of the bitcoin revolution. Not many humans will ever have a chance like this.

Provide value, save your production (or earn) in bitcoin, and HODL.

Wen Lambo? #Bitcoin

Exactly. “Take profits” to buy rapidly depreciating fiat? I can see if you need to pay off debt, or you want to diversify into something scarce like physical real estate. But selling #bitcoin for dollars, Euro, Yen, etc? No thanks.