We need fiat liquidity to facilitate the transfer of wealth from traditional assets to #bitcoin.
Uncle Cham
npub1xryn...7my5
Free your MIND and BODY. Learn BITCOIN, learn the world!
Why not lets start denominating #Bitcoin to naks (nakamotos) with 1 btc = 10000 naks. This way, people would see that you can still buy 1 nak for just $10.
So first 4 zeroes called sat, next 4 called nak, next 4 called btc, then we have 4 year cycle. Easy to understand.
If you are thinking you dont want to buy #bitcoin, think about this, you are selling fiat. Now you are at peace.
There are people who were able to sell their #bitcoin at significantly higher prices making a huge profit. Then they dont wanna get into it again coz they think it is already too late and they are happy with their profits. This is like winning once and slowly losing forever.
Find a place where there are lots of failures. I assure you there are also lots of success.
Sovereign adoption is only the signal, but corporate adoption will be the one to send #bitcoin to the moon! The more decentralized, the better.
At the very least, even without strategic reserve very soon, Trump’s inauguration could ease #bitcoin sell pressure as the US government’s stack from criminal seizures will surely not be sold.
The US making #bitcoin a strategic reserve will save the dollar. The former will cement its role as international store of value while the latter as international medium of exchange.
Not all countries could just print their currency and buy as much #bitcoin as they can. People all over the world would not want to exchange their bitcoin for a weak currency. At most, that country could only buy bitcoins from its people who are willing to receive its currency.
#Bitcoin will not cause inflation. Demonetization of other assets down to their utility value will in fact cause deflation, and this is good for the people.
El Salvador will downplay #bitcoin a bit while continuously buying until all its newly found gold is sold. So the strategy is sell gold at a relatively high price and buy #bitcoin at a relatively low price. Simple.
Good thing i prepared my nachos. Im buying the dip now.
$1M per #bitcoin will only be the start. Just imagine when it flips the market cap of gold, even the dumbest person will have to recognize it as a legit asset. We are still so early.
Microsoft shareholders would most likely not approve #bitcoin as treasury reserve for now. But they will be buying in their personal capacity. Mark my words.
I want to tell the masses that the only chance of salvation they have is buying #bitcoin. But they will say Im crazy. Whats your experience? 🤔
Gold reserve is for sovereigns. #Bitcoin reserve is for everyone.
Forget about resistance level. The only ‘resistance’ in #bitcoin is that it is Resistance Money.
Psychologically, retracements are good. They make us buy more. Learn #bitcoin.
There is no way smart people are not accumulating #bitcoin secretly.
If you sell at this point, where do you put your funds? Nowhere else but #bitcoin. HODL!