Perhaps if there are let's say 100 people starting 10-50 different digital businesses/person that accept btc as the only choice of payment it is possible, and they only accumulate coins, never sell them.
I'm gonna go ahead and assume that those bitcoin businesses sell what all bitcoin businesses sell: hopes and dreams. While the industrial moguls live in Mom's basements, eating Mom's food.
Because ordinary businesses have expenses: overheads, salaries, restocking merchandise, taxes, etc., etc. Which necessitates spending.
You did not understand what I meant.
I talked about starting digital businesses, and sometimes they are cheap to build and you do not need expenses to run those. Running multiple web sites will not cost that much.
If one site generates
on average BTC 1/day profit, then multiplying it by 50 you get 50 btc profit/day - and if there are 100 such entrepreneus, they lock
BTC 5000 /day to their cold storages. Eventually the price has to rise.
A "digital businesses" that's "cheap to build and you do not need expenses to run," and "generates
on average BTC 1/day profit"?
I'm gonna go ahead and assume you mean a cut&run ponzi site?
You do know that most internet gambling sites [with employees and stuff] don't generate 1 BTC($650)/day, right?
Pro tip: there's no free money out there, the streets aren't really paved with gold, there's no "passive income," and there''s no free lunch.
Half of the people in the world live on less than ~$2.50/day.
Let that sink in.
That's 260 times less than your
free money machine "digital businesses" that's "cheap to build and you do not need expenses to run" makes in a day.
TL;DR: you ought to get out more often, breathe some fresh air.
Merchants that instadump the bitcoins will be no good for btc (except indirectly perhaps with visibility).
Merchants got to eat, feed and clothe their kids, have a place to poop & sleep, and to restock their shelves, so's they'd have something to sell. All that costs money, so they spend. Life is a bitch like that.
The value of btc lies only on the holding of it, not using it as a payment token.
If BTC is not used as a currency (you know, money that's actually used to buy things), it is useless: no different than baseball cards or Beanie Babies.
Internet is full of gambling sites. Try to figure out something else. Think a little bit outside of the box, and do not go to the save alternatives.
Opportunities are infinite, but most people simply are like you: "It cannot be done, therefore it is better not to try". Those people end up being paid slaves for the rest of their lives, which makes their statement "there are no passive income opportunities" true to themselves like self fulfilling prophecy.