Everyone celebrating the bitcoin fiat price going up do not realize what bitcoin or freedom is about.
It was meant to be a stand alone currency, it was meant to replace fiat. Not be a measure of it and run off the fumes of fiat.
Your kids will be slaves to the same people you are.
And you are celebrating? ATH`s? ATH`s are for central bankers to celebrate, they can still buy in at any price for free, they are ATL`s for the common man.
You guys are going with the mentality if you can`t beat them join them.
I will not submit. Bitcoin does not change the status quo it runs off the fumes of the status quo.
I am selling 325 coins today I bought at 4$ and making a new currency to replace fiat and bitcoin.
Later bitches, that is what you are, central banker bitches.
Who wins in the end? Who will collect all coins through network fees? who will have the biggest mining farm.
The fiat creators.
You will pay enforced tax, aka network fees to central bankers and they will collect all coins in the end.
Enjoy your fiat gains you stupid $laves.
And here folks we see a mental breakdown happening right before our eyes
The subject Pizzalover420 suffers delusions of grandeur. He believes that we will be impressed with the 325 coins he claims to have. He doesn't have shit. Nor did he buy at $4 dollars. He wasn't here.
I do want to address the argument being made.
Bitcoin has an exchange value to the dollar. Of course it has. They are both currencies. Bitcoin is going up against the dollar, meaning that people place value on Bitcoin, which gives them greater freedom over their finances.
If a central bank decided to print money to buy bitcoin I'd welcome that.
The price would keep going up and eventually the dollar or any other fiat would be worth less than the paper it's printed on, meanwhile the bankers would only get a small fraction of bitcoin. They wouldn't do that because they need fiat to have value.
As for governments controlling all the mining and fees, that is also difficult. Government compete, so it'd be difficult to get 51% of the mining power, and you really need more to properly attack the chain.
Even if one countries' government is dominant, the hashpower of the bitcoin network is no joke. It would be a very costly project to control that. Ultimately it's the people of the world vs 1 government alliance, and big powers probably won't collaborate in such a project. So 1 government vs billions of potential bitcoin miners.