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/biz/ - Business & Finance

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16491137 No.16491137 [Reply] [Original]

I have good news for all of you. You are unironically going to make it. All you have to do is buy some btc now and hold it. It doesn't even need to be a large amount. There are only 20M btc ever to be created and some of those have already been lost forever. The reward halving will continue to make it more scarce and sometime in the near future the fiat system will collapse. it's already unsustainable now. Bitcoin will not be used as money though. it's a wealth transfer and wealth storage system. It will be used to back another digital system or paper money system most likely. after all paper money isn't the problem. the USD use to be backed by gold at one time. But anyway to get to my point. There are only 20M btc that will ever exist. The world population is currently 7.53B. So do the math. Bitcoin will be BILLIONS of dollars per coin. The whales will become the new trillionaire class and anyone that buys btc right now at $7k will be millionaires.

>> No.16491162

>>16491137
how about link?

>> No.16491172

>inb4 but if no one uses it as money it has no value and the miners can't afford to mine etc etc blah blah
your wrong. i'm sorry. but yea. shut up. bitcoin mining will be ran by govenrments around the world. the miners will be using a new photocell cpu technology in another 5 years. the cost of mining will be essentially zero.

>> No.16491174

Can usd be backed by bitcoin? Would that make any sense?

>> No.16491187

>>16491174
yes it can! but it will not be called the USD anymore because that trademark is property of the private fed bank.

>> No.16491658

>>16491137
bumping cause this is your last chance to get rich.

>> No.16491958
File: 148 KB, 660x882, strong_buck.png [View same] [iqdb] [saucenao] [google]
16491958

>>16491137
>they changed their mind

>> No.16491972

>Ultradelusional Shitcoin Core maximalist detected.

>> No.16492005

I have bad news for all of you.
BTC has been captured by the banks and defanged.
BTC is no longer bitcoin. Bitcoin is p2p cash according to (real) satoshi.

>> No.16492007

Is this a fud thread?

>> No.16492032

>>16491137
>Bitcoin will not be used as money
>Electric peer to peer cash system

Corecucks are seriously learning disabled.

>> No.16492049
File: 281 KB, 1244x820, 1574639424425.png [View same] [iqdb] [saucenao] [google]
16492049

>>16491972
This

>> No.16492912

>>16492032
satoshi wasn't perfect. he couldn't foresee shit like ASIC miners and more advanced CPU technology. He obviously knew that btc couldn't scale as money which is why he set the 1MB block limit himself. if he thought it would scale infinitely he never would have set a limit.

>> No.16492950

>>16491137

Bitcoin is BSV