Quote from: electronicash on December 30, 2019, 09:34:29 PM

Quote from: PointHope on November 20, 2019, 03:14:34 AM

Quote from: patroncito on November 20, 2019, 02:17:12 AM

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

Indeed, 10 million is conservative whennya consider governments will have to bow to bitcoin and begin their own btc mining.
Russia government is already aiming to have 20% of the bitcoin mining capacity.

In the USA the federal reserve banksters wont go down without a fight, expect some more deep state dirty tricks like what they did to Ross Ulbricht.

didn't Russia ban bitcoin?

the news media can't really lay down which is true here. if they are mining BTC, this should be a cause for other countries to do the same. lets all dive into BTC after all its proven to be a better currency.

its going to be advantageous for countries to have cheap power energy source, the country who can generate free energy thru solar and wind would probably be the richest.

nope, as far as I know it's actually even encouraged by government to mine bitcoins there, besides that there is a cold climate which means that there's no need of fans and stuff to cool down the miners. I'm pretty sure you're thinking about china which is a joke, one day they approve bitcoin and love the technology, another day they're shouting that it's bannable and trying to promote their own scamcoin. Good thing about it is that bitcoin doesn't care because it's decentralised