When bitcoin gets too big, government will shut it down. It will become illegal. Do you really think the demonic, power hungry, anti-human government is going to allow some form of money that THEY do not fully control to take over the financial system?
Yes, because they have now adopted it as a solution for themselves, and are not going to try to shut it down as the Wall St wholesale adoption on March 11th illustrates. New game.
It's simply a store of value. You should read my post from Argentina regarding the team that went there last week to find out why gold is practically useless there now. Some amazing real world insights.
I think it's great to bet on this stuff but it's entirely speculative like tulips. The reason why govts and banks are loving BTC is because it has a fully transparent ledger, so it will be compatible with digital currencies etc. Transaction costs are far too high to be useful as an actual currency and there's zero privacy. BTC is the netscape of cryptocurrencies. The ones they hate like the pestilence and fight tooth and nails, such as monero, are the ones to watch. In the end, a 100% privacy focus non-stablecoin will win and become the new cash for secret transactions/safe storage of value, and I am very much looking forward to it. Thanks for your work, looking forward to hear your thoughts on this and LIBERTAS SEMPER
In my opinion a crypto by design coin deserving of the name will take the market, as opposed to a blackrock-funded, govt regulated + sanctioned coin with various add-ons to get the desired outcome in some roundabout fashion. There is no need for a public ledger in XMR. The existing second layer obfuscation techniques for BTC actually tend to worsen the cost per transaction issue, which is projected to escalate further due to the mathematics of mining the last BTCs. In my opinion the netscape analogy stands - it had a seemingly unbreakable quasi-monopoly, was adapted for the changing demands of the time, until it was rendered entirely archaic + irrelevant. Best regards
We'll see. I own monero and other privacy coins as well, but network effect/ winner take most may be the best play here. I think btc will be held for store of value and others like SOL which is proving to be incredibly efficient will dominate for transactional stuff.
Either way, we have 12 months or more where the odds are highly stacked in our favor IMHO
When bitcoin gets too big, government will shut it down. It will become illegal. Do you really think the demonic, power hungry, anti-human government is going to allow some form of money that THEY do not fully control to take over the financial system?
Yes, because they have now adopted it as a solution for themselves, and are not going to try to shut it down as the Wall St wholesale adoption on March 11th illustrates. New game.
If you don’t hold it, you don’t own it. How do I barter with Bitcoin? What if the entire grid goes down? This is why I never entertained Bitcoin.
It's simply a store of value. You should read my post from Argentina regarding the team that went there last week to find out why gold is practically useless there now. Some amazing real world insights.
I think it's great to bet on this stuff but it's entirely speculative like tulips. The reason why govts and banks are loving BTC is because it has a fully transparent ledger, so it will be compatible with digital currencies etc. Transaction costs are far too high to be useful as an actual currency and there's zero privacy. BTC is the netscape of cryptocurrencies. The ones they hate like the pestilence and fight tooth and nails, such as monero, are the ones to watch. In the end, a 100% privacy focus non-stablecoin will win and become the new cash for secret transactions/safe storage of value, and I am very much looking forward to it. Thanks for your work, looking forward to hear your thoughts on this and LIBERTAS SEMPER
Second layer solutions solve all the cost issues, and the public, transparent ledger is a feature, not a bug. More later
In my opinion a crypto by design coin deserving of the name will take the market, as opposed to a blackrock-funded, govt regulated + sanctioned coin with various add-ons to get the desired outcome in some roundabout fashion. There is no need for a public ledger in XMR. The existing second layer obfuscation techniques for BTC actually tend to worsen the cost per transaction issue, which is projected to escalate further due to the mathematics of mining the last BTCs. In my opinion the netscape analogy stands - it had a seemingly unbreakable quasi-monopoly, was adapted for the changing demands of the time, until it was rendered entirely archaic + irrelevant. Best regards
We'll see. I own monero and other privacy coins as well, but network effect/ winner take most may be the best play here. I think btc will be held for store of value and others like SOL which is proving to be incredibly efficient will dominate for transactional stuff.
Either way, we have 12 months or more where the odds are highly stacked in our favor IMHO
Sold (on the wait and see)! And thanks for your time Jimy
https://www.youtube.com/watch?v=Kr8wZyd4t8E
BTC is dead ;)
WE ARE BACK OVER 70K HEADING HIGHER TODAY. What did Changa tell you about buying on dips??
You don't want to miss these next 12-18 months in bitcoin and altcoins as well!!
Sheesh! I've been trying to tell ya :(
Get it together already!!!!
Buy some SOL, take some profits off the table around Oct 30 (before tax selling hits). Come on next STNN cruise