Bitcoin always been expensive. At 1000 it was quite expensive to buy. At 10,000 it was still expensive to buy. Now at 100,000 more expensive to buy. Did you get the idea? It's always expensive. So it does not matter when you buy.
@mikealfred Friend: Everything is getting very expensive. I have to work harder to earn more money.
Me: why don't you start saving your extra money in Bitcoin.
Friend raises his eyes and ignores the comment. His expression clearly shows that I am trying to scam him.
Friend: Everything is getting very expensive. I have to work harder to earn more money.
Me: why don't you start saving your extra money in Bitcoin.
Friend raises his eyes and ignores the comment. His expression clearly shows that I am trying to scam him.
Did you know that using @brave blocks YouTube ads?
Ads appear on my videos & I earn money if ppl watch or click. But YT will still place ads on my videos even if I choose not to monetize them.
I'd prefer you use Brave to bypass ads altogether, & upgrade your privacy same time.
@mikealfred Bitcoin is not backed by anything. It's tulip mania again. It will eventually go to zero. Gold is the asset you should invest in. Bitcoin is for gamblers. Govt will ban it one day. Aaaah what else??
@btctrek Make him read the chapter on money in Sapiens book. Money is a intersubjective social construct. So after consensus there is no need for any backing.
Had anyone started thinking in terms of Bitcoin 4 year cycle. I am like okay let's plan for a trip during bear or buy a car after one cycle or purchase a house in the cycle after next. Instead of calenders years I am thinking in terms of Bitcoin cycle.