Cj says the current fair value price of #Bitcoin today should be $320,000
“I think the next big wave of #Bitcoin buyers are gonna be homeowners who transform their home equity into #Bitcoin equity.”
In just 12 months, institutional #Bitcoin adoption has gone parabolic. Public companies, ETFs, and funds now command 12.8% of the entire BTC supply
By Carl B Menger
Fiat Currency
noun
FEE-at KUHR-uhn-see
A government-issued currency not backed by a physical commodity. Bitcoiners view fiat currencies as fundamentally flawed due to their unlimited supply, susceptibility to inflation, and centralized control. The ability to create fiat currency at will is seen as a form of hidden taxation and wealth redistribution.
"The US dollar, euro, and yen are all fiat currencies subject to debasement over time, while #Bitcoin offers a decentralized, hard-capped supply alternative immune to arbitrary expansion."