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To: C210N
Bitcoin has gone from nothing to a $930B market cap in 15 years, not only without government backing but in the teeth of vehement government opposition. Imagining that it will just reverse course and go to 0 is plainly irrational or wishful thinking. It is clearing filling not just a market niche, but a gaping void.

It's not hard to see what that demand is - for usable, provably scarce currency free of politics or other manipulation by a cabal controlling it.

I am dubious the US dollar will exist in 20 years, or even in 10 years at the rate things are going lately. I'm very confident Bitcoin will be around as it continues to develop and improve with its army of developers. As I always tell people, don't switch from USD to bitcoin out of greed. Do it out of fear. The dollar is going to 0.

10 posted on 02/09/2024 1:37:20 PM PST by EnderWiggin1970
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To: EnderWiggin1970
I agree with your points on the dollar. As pointed out frequently on usdebtclock. And, as pointed out by all the information plain to see to those that dig, on Jekyll Island, the fraud behind the Titanic, creation of the IRS, what Wilson said about the FED, EO 11110 by JFK, and on and on.

However, the ONLY thing that has passed the test of times as real money, is the only real money we've ever had, and that is PMs. Gold for wealth preservation, and silver for more practical uses.


11 posted on 02/09/2024 2:12:38 PM PST by C210N (Mundus vult decipi, ergo decipiatur.)
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