By that logic, wouldn't anything valued in fiat, be as worthless as fiat?
Limited supply is a great property for a currency, just look at gold. We all could have been 100 times richer if we'd just kept our gold instead of putting it in a bank for worthless usd bills. Or at least not gotten robbed by the globalists.
What a ridiculous statement. There will never be more than 21M bitcoin. How much fiat exists, you know, paper that is actually debt in the form of an IOU? Over $400T, and it will only continue to rise until killed by Bitcoin. Bitcoin was literally the top performing asset of the last decade, anyone can look that up. “Cold brew covefe” is a fool with a net worth of someone who is not qualified to give financial advice. There are 46M millionaires in the world, that means that there will never be enough for every millionaire to own 1 whole bitcoin! There is a reason BTC is $60k and rising. Also, bitcoin is the first global payment system in history that everyone on the planet has access to. A bank can not freeze your bitcoin transactions, and corrupt governments can not seize it. It’s been illegal in Egypt for about 4 years and the growth is exploding exponentially, like everywhere else.
Crypto has the potential to topple world governments. You can’t tax what you can’t track. Once crypto really takes of as a means of trade it’s gonna be a beautiful day. You also don’t have to worry about being canceled by your bank. Of course taking debt will be a whole other animal and probably create new markets.
So how can Bitcoin be finite and "safe from fiat" unless there is a federal department for the preventing feverish autist mining masturbation sessions?
By that logic, wouldn't anything valued in fiat, be as worthless as fiat?
Limited supply is a great property for a currency, just look at gold. We all could have been 100 times richer if we'd just kept our gold instead of putting it in a bank for worthless usd bills. Or at least not gotten robbed by the globalists.
What a ridiculous statement. There will never be more than 21M bitcoin. How much fiat exists, you know, paper that is actually debt in the form of an IOU? Over $400T, and it will only continue to rise until killed by Bitcoin. Bitcoin was literally the top performing asset of the last decade, anyone can look that up. “Cold brew covefe” is a fool with a net worth of someone who is not qualified to give financial advice. There are 46M millionaires in the world, that means that there will never be enough for every millionaire to own 1 whole bitcoin! There is a reason BTC is $60k and rising. Also, bitcoin is the first global payment system in history that everyone on the planet has access to. A bank can not freeze your bitcoin transactions, and corrupt governments can not seize it. It’s been illegal in Egypt for about 4 years and the growth is exploding exponentially, like everywhere else.
Crypto has the potential to topple world governments. You can’t tax what you can’t track. Once crypto really takes of as a means of trade it’s gonna be a beautiful day. You also don’t have to worry about being canceled by your bank. Of course taking debt will be a whole other animal and probably create new markets.
The volume of Bitcoin increases from puzzle solving passive bitcoin transactions (consumer data).
https://www.ftc.gov/sites/default/files/business/in%20Infographic.jpg
So how can Bitcoin be finite and "safe from fiat" unless there is a federal department for the preventing feverish autist mining masturbation sessions?
Because math. You need to look into the algorithms a bit more to understand.
That's why property taxes will continue to go up.
I've seen it go up in red states too. Also, with illegal immigrants and voter fraud, it may not be long before we're all blue states.