its the most scarce asset in human history so because of that its gonna go to the moon unlike many fiat currencies that goes to hell
Only when you know the difference between currencies and money
## Many analysts believe that approving a Bitcoin ETF (quoted fund) could lead to a huge spike, the biggest in history. This is possible, but others also think that it could improve the price in the short term
After Hyper Inflation hits every country eventually the paper currency is going to be equivalent to trash which is the result of excessive printing of paper currency as we have seen throughout the history of Monetary Policies.
I think we’ll start to see people in El Salvador being pulled out of poverty through the adoption of Bitcoin. Other nations will follow suit when they see this.
More money means more inflation and less purchasing power. Mo bitcoin means more store of value and an enduring purchasing power.
I believe it was Obama that said; ‘Bitcoin is like a swiss bank account that you keep in your pocket’ He said that as if it were a bad thing where I would argue that is a good thing!
Proof of work be working smarter not harder
Aint we all?!
ahahahahah I’m dead hahahaha
There are 3 types of money. God’s money, the governments money and the people’s money.
In us we trust because we aim to create a trustless monetary society.
Bitcoin Monetary Properties:
Bitcoin is Value Dense and Durable due to its relative scarcity and high liquidity
It is extremely portable and dividable
It is readily available from any device with an internet connection
It has sufficient granularity for anyone to own a portion of Bitcoin
The decentralization of Bitcoin is indeed saving the world. People are granted freedom and are liberated from the shackles of Central Banks
Spending currency to actually buy money and wealth is 1000x more attractive than mundane transactions.