Bitcoin
Bitcoin
Out of context: Reply #1899
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- shapesalad-3
If around the world, fiat currencies are being printed in uncountable amounts for fiscal stimulus, thusly devaluing said currencies - while - crypto currencies do the opposite: supply becomes smaller and harder to mine, value goes up.... is this not the ultimate short squeeze?
Bitcoin can go to the moon... almost like a vacuum sucking value out of fiat into crypto. Meanwhile, fiats can only go down to zero. Will we see a point in the future when that happens?
As Bitcoin nears another physiological frontier, the value of $50,000... it’s feeling increasingly inevitable.
- Stimulus “printing” of money hasn’t devalued currencies for the big, stable countries. So you are basing your idea on an assumption that isn’t reality, yet.********
- If what you’re saying was true (or, accurate) Bitcoin would already have skyrocketed far past $50k. Like unimaginably far past that.********
- I just love the crazy miami mayor who wants to pay city employees in Bitcoin... You want regulatory clampdown that's how you get it.jonny_quest_lives
- do you still consider bitcoin currency? wow********
- apparently the mayor of Miami does...jonny_quest_lives
- "Bitcoin: A Peer-to-Peer Electronic Cash System"jonny_quest_lives
- https://bitcoin.org/…jonny_quest_lives
- "What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with eachjonny_quest_lives
- without the need for a trusted
third party. " Oh how far we have come... Exchanges, Altcoins, Defi!jonny_quest_lives - I still think the best use argument for BTC put a a small bit of money one of the least shady exhanges and watch it go up... or down.jonny_quest_lives
- Kinda like a lotto ticket with charts.jonny_quest_lives
- physiological LOLmonospaced
- The idea that crypto can devalue currency is stupid afmonospaced
- yes... should proof read auto correct 'physiological' he heshapesalad
- Anyway, Bitcoin will most definitely go to $50,000 USD. But not for the reason you mentioned.********
- https://twitter.com/…jonny_quest_lives
- Stimulus “printing” of money hasn’t devalued currencies for the big, stable countries. So you are basing your idea on an assumption that isn’t reality, yet.