BTC $1 million will seem very cheap one day

[deppo]

And it is much closer in time that you may think.

Yes we have all these bullish headwinds for crypto to be optimistic about, but crypto will change the monetary landscape forever for a very simple reason.

Current fiat currency does not actually exist. Try go to your bank and withdraw $50,000 in 2 minutes. You will be asked to wait at best or have the police notified on you at the worst like you are a criminal and you do not own your money.

It's not only because the bank owns your ass though.

It's also because actual paper money exists to the tune of about 1% to 3% of the money supply that you supposedly see in digits when you login to your internet banking.

This actually means that we have ALREADY been in digital money for decades. Yes, even centuries ago the first Rothschilds families figured out first how to loan money that does not exist yet ie create money out of thin air.

What does this all have to do with crypto?

Well, crypto is just a more advanced concept of digital money that is based on cryptography and mathematics, so it is based on as strong a law as gravity pretty much.

It is simply a matter of time before the outdated form of digital money goes out and a better more improved form comes in.

 

[xReminisce]

Current fiat currency does not actually exist. Try go to your bank and withdraw $50,000 in 2 minutes. You will be asked to wait at best or have the police notified on you at the worst like you are a criminal and you do not own your money.

Not true
that is situational at best, especially on where you live.

 

[bronzegods]

Holding crypto is imperative if you care about your future generations.

 

[Gogol]

Not true
that is situational at best, especially on where you live.

I second this. It is pretty easy to get $50k withdrawn from the bank. Many do it for buying houses for example. Not everyone pays by cheques.

 

[Ripley545]

may user buying it by FOMO. it's better if you wants to invest in bitcoin when the price is dropped again

 

[noogas]

And it is much closer in time that you may think.

Yes we have all these bullish headwinds for crypto to be optimistic about, but crypto will change the monetary landscape forever for a very simple reason.

Current fiat currency does not actually exist. Try go to your bank and withdraw $50,000 in 2 minutes. You will be asked to wait at best or have the police notified on you at the worst like you are a criminal and you do not own your money.

It's not only because the bank owns your ass though.

It's also because actual paper money exists to the tune of about 1% to 3% of the money supply that you supposedly see in digits when you login to your internet banking.

This actually means that we have ALREADY been in digital money for decades. Yes, even centuries ago the first Rothschilds families figured out first how to loan money that does not exist yet ie create money out of thin air.

What does this all have to do with crypto?

Well, crypto is just a more advanced concept of digital money that is based on cryptography and mathematics, so it is based on as strong a law as gravity pretty much.

It is simply a matter of time before the outdated form of digital money goes out and a better more improved form comes in.

Extremely amusing reasoning. Government banks won't let you do that. It's just not profitable

 

[Appturbo]

Not true
that is situational at best, especially on where you live.

Agree, this also depends on your bank, your status and etc.


As for btc 1M? nah not happening in next 20 years if at all.

As for paper money....

It ain't going anywhere in next 100 years.

 

[Dopious]

So the day "Internet" goes down, we will all be fckd without paper money to pay with, hmm.

 

[hellz angle]

don't think so but let's see because what you say means more money than gold

 

[Deleted member 250950]

It ain't going anywhere in next 100 years.

So these is statements you are giving against BTC that it won't anywhere???

& have potential growth to 1Million$ sooner or later?

 

[Appturbo]

So these is statements you are giving against BTC that it won't anywhere???

& have potential growth to 1Million$ sooner or later?

Could you clarify your question? thanks

 

[iptvfella]

you cant dismiss fiat and give btc any value. btc is valued in fiat. btc is going up, what does that mean? it means btc is now worth more USD. you can pay in btc in many places but the prices are all in USD. Its just a way to store/invest money ,that too a very risky and volatile one, nothing else.

 

[anyitian]

If BTC is a joke, then governments should eliminate it, not cut the number of people owning it through government holdings

 

[dynamite0]

And it is much closer in time that you may think.

Yes we have all these bullish headwinds for crypto to be optimistic about, but crypto will change the monetary landscape forever for a very simple reason.

Current fiat currency does not actually exist. Try go to your bank and withdraw $50,000 in 2 minutes. You will be asked to wait at best or have the police notified on you at the worst like you are a criminal and you do not own your money.

It's not only because the bank owns your ass though.

It's also because actual paper money exists to the tune of about 1% to 3% of the money supply that you supposedly see in digits when you login to your internet banking.

This actually means that we have ALREADY been in digital money for decades. Yes, even centuries ago the first Rothschilds families figured out first how to loan money that does not exist yet ie create money out of thin air.

What does this all have to do with crypto?

Well, crypto is just a more advanced concept of digital money that is based on cryptography and mathematics, so it is based on as strong a law as gravity pretty much.

It is simply a matter of time before the outdated form of digital money goes out and a better more improved form comes in.

Better one buys it when it drops but i don't think it will drop though

 

[Appturbo]

all right, let me explain a little bit.

Paper money will not go away next 100 years, why?

Think guys, government prints the money and money is the asset, money is a tool, money is a controlling mechanism and source of power.

Which government would allow, just crypto as a payment option, I think they can co exist but just crypto? not any time soon and not in this way. Can you imagine if internet went down, or attacks and etc. It's so vulnerable and in so many ways. Not to mention how it can be manipulated))

About BTC reaching 1M. Think it's too much, while possible not any time soon meaning it's many years away.

 

[deppo]

Which government would allow, just crypto as a payment option, I think they can co exist but just crypto? not any time soon and not in this way. Can you imagine if internet went down, or attacks and etc. It's so vulnerable and in so many ways. Not to mention how it can be manipulated))

I do not argue that fiat currency will be going away. Not at all actually. Fiat currency is being reset every few decades. Before Nixon had the US abandoned the gold standard in the 70s there was a different kind of dollar, I think that the note changed also. Many people did not realize it but that was a monetary reset. Same before the Fed inception in 1913, notes were simply dollars up to then. After 1913 they became Fed notes, not actual "dollars", they were essentially IOUs to the Fed and I believe this still holds to this day. Same back then, masses did not realize that this happened because the common person simply does not understand debt and money generation.

If internet "goes down" first of all ATMs will stop working too and people will resort to what they've always resorted to. Bartering. You give me a cartoon of milk and I give you 12 eggs. This is thousands of years old story and it is what our civilization was built on.

Fiat currency is just an advanced form of bartering through an intermediary, nothing else.

 

[champp]

bitcoin has no top because fiat has no bottom

 

[cheetahogreen]

You're right that crypto offers a decentralized alternative to fiat, and as technology advances, digital currencies could reshape finance by eliminating centralized control and offering more transparency and security.

 

[WAndreas]

Isn't a particular country's economy tied to a particular fiat? With which it can be regulated.

 

[tosune]

And it is much closer in time that you may think.

Yes we have all these bullish headwinds for crypto to be optimistic about, but crypto will change the monetary landscape forever for a very simple reason.

Current fiat currency does not actually exist. Try go to your bank and withdraw $50,000 in 2 minutes. You will be asked to wait at best or have the police notified on you at the worst like you are a criminal and you do not own your money.

It's not only because the bank owns your ass though.

It's also because actual paper money exists to the tune of about 1% to 3% of the money supply that you supposedly see in digits when you login to your internet banking.

This actually means that we have ALREADY been in digital money for decades. Yes, even centuries ago the first Rothschilds families figured out first how to loan money that does not exist yet ie create money out of thin air.

What does this all have to do with crypto?

Well, crypto is just a more advanced concept of digital money that is based on cryptography and mathematics, so it is based on as strong a law as gravity pretty much.

It is simply a matter of time before the outdated form of digital money goes out and a better more improved form comes in.

Just the hopium I was looking for today, lol! BTC @ 1 mil would defintely be welcomed sooner rather than later.

HODL.