1. Bitcoins Scarcity Will Lead to a Price Surge
Dude ,
The bitcoin scarcity scam is a myth.
They say their are only 21 million bitcoin to be made.
But that is only true if the smallest denomination is 1 bitcoin.
It is not , the current smallest denomination is .00000001 ,
which means the bitcoin supply is not 21000000 as they told you,
the actual bitcoin supply is 2100000000000000, comes out to 2.1 QUADRILLION.
Not a limited supply at all.The real scam is they can inflate the supply by going to the right side of the decimal instead of the left.
* The Scam network LN, already goes to 12 places below zero, so they are even worse.* FYI:
McAfee is a NutJob.
But this can be done to any currency. What's there to even call a scam? A dollar can be broken into cents and a piece of gold can be divided into grains of dust weighing micrograms. Only a total lunatic would call divisibility a scam.
There are 21 million mined bitcoins out of which at least 10% is lost. A bitcoin can be divided into satoshis and the number of zeroes helps in microtransactions. If Bitcoin ever goes to 100 thousand dollars it will be impossible to pay without using this feature.
I don't like McAfee but when Bitcoin went from 1 dollar to 8 dollars people were dreaming of it being worth 100 dollars one day and when it reached 100 they started dreaming about 1000. It's normal to think big but for me big is 50 thousand. For him it can be a million or two.