You're about to witness something no human in history has ever seen before.
What happens when near-infinite demand meets a finite good?
Bitcoin is humanity's first finite store of value.
No matter how much demand there is for it, you cannot create more.
The only way to satisfy demand is to increase the price to levels that convince people to sell.
But it gets MUCH harder to convince people to sell when major nation states start stacking.
Or when it becomes possible to reliably borrow against your Bitcoin through institutions like Cantor Fitzgerald.
Or hedge your stack via reputable options markets.
All of this could be reality within the next 6 months.
We are on the cusp of a new era for Bitcoin.
Trump ran on the promise of establishing a Strategic Bitcoin Reserve.
And there are multiple people within the government that want the United States to acquire a dominant Bitcoin position as a counter to the BRICS stacking gold.
Trump has openly discussed using Bitcoin as a way to escape the $36 Trillion mountain of debt.
Two things are certain:
1. If the US starts stacking, every other country will be forced to follow.
2. When that happens, all of the price models and chart squiggles in the world are suddenly irrelevant
The gold market cap of ~$17.5 Trillion is an obvious target.
$850K per coin.
But that's merely a waypoint on a much bigger journey.
Why?
Because Bitcoin serves the same purpose that gold served for thousands of years...
But it's vastly superior in so many ways.
The iPhone and a rotary phone are both technically a phone, right?
But the iPhone is clearly far more valuable in today's world.
Similarly, Bitcoin and gold are both technically hard money stores of value.
But one is native to the digital world, finite, and can be sent across the world at the speed of light.
While the other one inflates at ~2% per year, needs to be melted down to be verified, and requires a plane to get across the world.
Gold isn't an enemy of Bitcoin.
It's a precursor to Bitcoin.
Nation states ditching sovereign debt in favor of gold is proof that the world needs a non-sovereign store of value.
All you have to do next is look at the trajectory of Bitcoin to see where this is headed.
Everything is setup for Bitcoin to emerge as the premier store of value for individuals, corporations, nation states, pension funds, and literally anyone else that needs to store value.
So you might want to get a little while it's still below $0.5M a coin.
When you say "Bitcoin has no value", you are saying:
1. The lives of these 1800 African villagers have no value
https://t.co/bgOaasQMKe
2. Getting aid to 1000s of war refugees has no value
https://t.co/j5BbLGbpf1
3 Developing energy independence for Bhutan has no value
https://t.co/fKBkfELb3I
4. Protecting National Parks in Africa has no value
https://t.co/wmlm4YQCCE
5. Helping 19.4 million Afghanastani women avoid State-level financial discrimination has no value
https://t.co/GsClHWJUXf
6. Establishing the economic sovereignty of 14 African nations still experiencing French financial colonization has no value
https://t.co/s18NsVIiAr
7. The idea of creating an alternative to a monetary system which can and does elongate wars, increase wealth gaps, bail out bankers but fail to protect employees and small businesses has no value
https://t.co/JmBdnNIB7Q
8. The potential to provide banking to up to 2 Billion unbanked has no value
https://t.co/fKBkfELb3I
https://t.co/iCBarp88uB
9. Providing a financial system that is harder to use for money laundering than fiat currency has no value
https://t.co/CLghbaZNJD
10. Removing the risk of financial reprisal for running humanitarian campaigns in autocratic nations where 5.7Billion people live has no value
https://t.co/OqvF1KC7zy
11. Providing 250 Million people in countries experiencing hyperinflation a means to stop 50%+ erosion of their family savings per year has no value
https://t.co/1ZtYCPuhZH
12. Allowing people in developing nations to receive remittance payments from family without delays and without heavy fees has no value
https://t.co/NWTeMOMsd6
13. Having a secure, permissionless, decentralized, 24/7 store of value with fixed monetary supply has no value
https://t.co/BNFJMlChG4
14. The accomplishment of becoming the world's most sustainably powered industry has no value
https://t.co/llglfd4FMw
15. Accelerating the renewable transition by making renewable generation more profitable has no value
https://t.co/4SCHxTNpr2
16. Reducing more emissions from landfills than the largest DAC project in the world ever achieved has no value
https://t.co/1AIDoEEcKg
17. Developing an monetary financial system with significantly lower emissions and emissions intensity than the banking system has no value
https://t.co/1Xs1ojmBPj
https://t.co/IGf5oq5dkH
Arguing that even one of these things has no value, or that Bitcoin does not deliver this promised value would I think be pretty hard.
But arguing that all 17 have no value (which you'd need to do in order to contend that Bitcoin has no value)?
That would require mental gynmastics beyond the level to justify flat-earth theory.
It's rare I see a technology with one benefits akin to the ones above. But to have 17 usecases of such world-changing dimension -that is a once in a generation technology.
@elonmusk You gotta let people pay with #Bitcoin
I understand the cost to verify helps prevent DDoS attacks but it can’t compromise on privacy
Requiring my personal information and bank details in order to use Twitter is against the open internet and free speech
#Bitcoin fixes this
BREAKING: Fed chair Powell holds news conference following rate decision.
„Banks are in fact not fine, I just have to make them cheaper for my dear friend Jamie Dimon, the real Chairman of the FED.“