are governments realizing their sh*t currencies are sh*t? Now buying up BTC?
Someone is buying, that’s for sure.
My daily purchases don’t move the needle much, but I’m grateful that the needle is going up.
Apparently there is talk of the US holding BTC. Maybe Trump is going to ditch the Fed Res as the owner of the priniting press charging interest. At some point BTC will serve for a placeholder of value over national currencies. It not last a long time, but no countries currency has lasted for ever... even 1929 reset valuations of what our money bought. Will we have another “1929” is the question, and if so will BTC emerge as a gold standard along with silver and metals?
I think the guy James from Investment Answers (second comment in threat link) has been correct with his assessments the past three years - about where it is going.
James (and I) ascribe the Whole Coiner Theory. If you are a Whole Coiner you will have secured generational wealth which your kids and grandkids could put it on deposit and possibly not have to work living off the proceeds from interest.
BTC will be used to secure loans for everyone soon, and not just Michael Saylor at Micro Strategies, who is leveraging his BTC for loans at like .01 interest or something obsence allowing him to buy even more and repay the debt and then reloan over and over acquiring more BTC.
I’ve got 6+ and gave one to each boy. I have some other Solona.
I don’t look at it everyday. It’s not something I think of except in terms of security. It makes me happy knowing that in a year or two I’ll be a BTC millionaire, and I took care of my kids retirement needs while they are building their nest eggs.