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/biz/ - Business & Finance

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19002070 No.19002070 [Reply] [Original]

Are you ready for the moonshot? BTC is on its way to become the defacto reserve currency of the world. Will you be a part of the single most important financial and economic breakthrough in this millennium? Have Strong Hands and HODL, we all might not make it but we will certainly be okay.

>> No.19002091

>>19002070
I want it to moon like everyone else, but is that honestly realistic? BTC was already buckling under the strain from nearing 20k. Large fees, slow processing, etc.

>> No.19002140

>>19002091
I dont have to explain basic econmic principles or point at a slide to get most people to understand that the total marketcap of all crypto right now is near 1/4 of a trillion USD. If you think even 250 of the almost extraneous 6000 altcoins will exists in 5 years you are nuts, a lot of that value will go back into BTC, the reserve currency. Assuming even a third of that money flows back into BTC you will see a price a great deal higher than 16000USD. Its really that simple.

>> No.19002157

>>19002140
Okay, but that doesn't address what I said about the issues with scaling BTC has.

>> No.19002189

>>19002157
Do you realize the scaling limitations that hard, fiat currency has? We quite literally started printing more like idiots because of long term sustainability issues and other inherent economic factors like inflation. The problem is very solvable in the future with a blockchain apparatus like BTC.