Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
strawbs
on 27/03/2020, 23:35:01 UTC
I'll just leave this epic rant about the $2T (*cough* $14T *cough*) bailout bill here:

https://www.youtube.com/watch?v=D-7uro3A3qU

People often say, well what can the Average Joe do about it? March? Riot? Revolution?

Bitcoin was *literally* created for this reason. It IS the red pill. It IS the Revolution.

#BUYBTC and stop participating in the corrupt fiat monetary system.

Spot on. But I expected the BTC price to have responded by now. So strange that there is still confidence in USD (or any fiat) after the recent creation of a squillion, gazillion USD out of thin air.

#only21million - yet not reflected in the current price.

I can only conclude that very, very few people understand that BTC has a finite supply that cannot be altered. I suspect this is true even of a majority of investors (and this is somewhat substantiated by acquaintances who bought in during the late-2017 hype. They knew nothing of the tech but simply had a huge dose of FOMO).