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Bitcoins about to break $100,000. I can remember the time when people said $10 oh that's crazy and then $50 oh that's crazy and $100 oh that's crazy then $1,000 oh that's crazy it's all a pyramid scheme that was 10 years ago. Now every major institution in many countries are stacking some of their w

submitted by Crackinjokes to TellUpgoat 5 monthsNov 21, 2024 05:42:35 ago (+19/-1)     (TellUpgoat)

Wealth in bitcoin. No you can't go to the grocery store and buy a Coca-Cola with it. That's never ever been what the smart people thought Bitcoin was ever going to be. It's a way to stack your wealth away from all governments in a way that you can carry across all borders in other words it's one of your best safety nets. That's what it's always been for the smart people and that's what it still is today and now even whole countries are realizing this.

And it's not even equal to the market cap of gold yet which would equal about $300 to 400,000 per bitcoin. And that's if all 21 million Bitcoin were still in circulation and we know a lot of them were lost just lost.

So you know you can stack your gold bars in the basement that can be easily confiscated and you can buy all the bullets you want and you can do all those other things and none of those are wrong. But I highly suggest you put a portion in some Bitcoin.

and when you do know you need to be able to carry whatever you do for 5 years so don't go mortgage in your home if you can't carry the extra moment mortgage payments for 5 years cuz there is a five year cycle and Bitcoin coinciding with the having cycle and if you don't know what the having cycle is look it up before you invest but do it quickly.


So someone please pop up here and say it's all at Ponzi scheme again.


85 comments block

But the fed can just print enough money to jack the price and buy all the bitcoin if it wanted, rendering it retarded and destroying the wealth of anyone invested in it.

Or did you not think of that?

The only good crypto is one where you HAVE to trade in an asset like gold to get anything.

Bitcoin is still for faggots.