Bitcoin is never too expensive. But at a certain point, neither you, me, nor Michael will be buying it.
You will either earn it through work or receive it by selling goods.
View quoted note →
Login to reply
Replies (5)
Will we see this in our lifetimes ?
There are different ways to look at it. Bitcoin may become the preferred money or there may be laws preventing future CBDCs from being converted to bitcoin.
I'm on the fence about the whole thing. Bitcoin could be the dominant money in 15 years. Or it could be 50 years. I am having a hard time reading the tea leaves. Clearly the current powers that be would prefer to recapitalize the dollar on bitcoin, but the banking elite want cbdcs. I expect both to get pushed aside by sound money eventually. But I can't say when.
What I'm trying to encourage is a change minset.
I thnk the SOV aspect is getting monetized in the next 10 years. MOE unclear. I hope sooner than later but could take decades, centuries ?
Exactly that's why I wrote - I'll buy it when I've FIAT in hand.
No FIAT no problem 😁
no question.