/biz/ - Business & Finance

>>13262520
you are a fucking retarded brainlet m8. i dont even know where to start.

how about you go ask offshore billions, narcotic black market or venezuelans if bitcoin works. pretty sure the volume there breaks ath every few weeks and dn markets are still pure btc markets with tons of volume.

kys

Consider that the next bull run will put Bitcoin at $100,000+. Even after the bubble pops, it will hover around $10k-$30k. That will put a whole Bitcoin out-of-reach for the vast majority of the world. Even the middle class with substantial networth have most of it tied up in real estate.

For the average person, this is the LAST CHANCE to accumulate one whole Bitcoin. You should be accumulating right now. You will want to kill yourself if you miss this.

>>12956941

Keep reading about it. I actually hopped on the Ethereum train first, because I had read about Bitcoin in the preceding years and figured it would never catch on. Ethereum was the first crypto project that sounded truly revolutionary to me.

Then the 2017 bull occurred, and I realized Bitcoin was doing exactly what its proponents had said it would since its birth. It was hard for me to wrap my head around the idea that a digital, ones-and-zeros asset could have intrinsic worth. Eventually you have the "aha" moment, and you understand that it's all about the power of belief.

Gold has value as an industrial metal, and as a scarce resource, but 95% of gold's value comes because people BELIEVE it has value. Thousands of years ago a critical mass of belief was reached that elevated it above all other metals and goods as a store-of-value, due to its intrinsic qualities. These qualities are absolutely vital, scarcity and fungibility in particular, but ultimately, gold is worth as much as it is now because it is gold, and there is only one gold. That mass of belief has built momentum over thousands of years of human history, and carries it ever-further into the future. If you made a metal with the exact same properties and scarcity as gold, but it visibly wasn't gold -- maybe we could call it Gold Cash, or Gold SV -- would it steal gold's marketcap?

Now understand that Bitcoin is a DIGITAL gold, with important qualities that gold does not, can not, have. It's the original store-of-value of the digital age. And understand that with every day, every week, every month, every year, people's belief in Bitcoin grows stronger, as people's belief in gold surely grew stronger with every passing year it retained and gained in value.