Think about how many people exist on the planet that wish to own "perfect money" (with everything that represents). Now think about how many there will ever be on an infinite time scale. Is that number going to increase or be reduced?
Regardless of how many times it goes down in purchase power, the pressure for going up will always be bigger. Through time, there will always be more people that want better money for themselves, than the ones that don't (if that even exists).
118 sats \ 0 replies \ @DarthCoin 9 Sep
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15 sats \ 0 replies \ @BTCLNAT 9 Sep
I agree with @bitalion. Now is the time to accumulate.
You buy BTC with fiat money, WHO ARE THE OWNERS OF THE FIAT MONEY? Governments and associated financial entities. They print their money and buy BTC.
It is true that at this moment most of the BTC might not be in the hands of governments, but at any moment it could happen. So that would be a problem, if I have control of most of the BTC, then I determine how to use it.
That is why it is so important that we and those around us accumulate as much as we can.
I agree with that statement, that is why everything I can accumulate I will accumulate.
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15 sats \ 1 reply \ @bitalion 8 Sep
I think the time is now, in the future bitcoin will be scarcer and harder to acquire, and the idea that it will be for everyone is something that is far from being real (although it may be), the large investment funds have amassed a considerable amount of bitcoins and if we add to that the intentions of many governments to add bitcoin to their reserves, then it will be even more difficult.
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25 sats \ 0 replies \ @mf OP 8 Sep
The % that big blobs own is a tiny drop in the ocean. Before gold got kidnaped, thw scenario was the same and worked fairly well. The difference is that coercive tricks won't work again, given the bitcoin's censorship resistence nature.
The inevitability of adoption is as certain as the endless seek for better life.
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21 sats \ 0 replies \ @Akg10s33 9 Sep
I am just starting out and right now, in addition to learning everything related to economics, marketing and cryptoeconomics, the person who is teaching us the classes is emphasizing daily that we should buy as many sats as possible, which will soon be much more difficult to acquire!!!
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1021 sats \ 2 replies \ @Longtermwizard 13 Sep
deleted by author
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21 sats \ 1 reply \ @anon 13 Sep
you can stack more now, peace.
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0 sats \ 0 replies \ @Longtermwizard 13 Sep
thank you very much!
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