Not having ANY Bitcoin will mean you are effectively broke & homeless.
Nobody will take your USD (or any fiat) to pay for anything.
Why would anyone swap goods and services for worthless paper issued by a bankrupt government?
The buying-panic will be intense.
Some people think Iβm speaking metaphorically but Iβm notβ¦ every single capital market needs a Bitcoin treasury company. Every investor everywhere needs to be one click away from Bitcoin exposure. Every mutual fund and every index fund needs Bitcoin exposure. BTC eats the world.
By paying for everything with Bitcoin, you are likely to end up spending less Bitcoin (opportunity cost) then people who have never spent Bitcoin their entire life.
This concept is, somehow, hard to comprehend for many. But it's really intuitive and obvious to me.
Letβs get something very clear here:
Crypto is gambling, crypto is a casino and it is not the place to put your money.
Bitcoin is not crypto.
Bitcoin is mathematically programmed to protect the value you earn with your time.
#BREAKING: Mark Carney has hired former Blackrock manager Mark Wiseman, co-founder of the Century Initiative, as an advisor. The Century Initiative is a lobbying group which aims to use mass immigration to increase Canada's population to 100 million.