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.
Well you demonstrated that you have no clue about anything at all. You as well are a nutter for this utter nonsense. BTC Supply is in fact limited, the miners will have to use the same energy for produce less and less coins. If I remember correctly the time b4 the absolute max supply reached is not the post important time because even b4 that the production will be so expensive at some point that the price will go up. You little childish BS "myth because it can be divided" is really the stupidest thing I heard in a long time.
BTC as opposed to any FIAT is actually limited. The Banks can just print and print more and more money and hyper-inflate to completely make money worthless. This can NOT happen with BTC. In FIAT the supply is unlimited because all the money that exists is nothing more then DEPT! Look at the national dept counters of countries, they race up every milliseconds for unthinkable amounts. FIAT is backed by absolutely nothing. Long term BTC will go up, because if the actual factual scarcity it has and because adoption will rise. But it will not be short term and not as extreme as McAffee claims.