Post
Topic
Board Bitcoin Discussion
Re: I think Bitcoin is great as an asset and not as a Currency.
by
BlackHatCoiner
on 12/06/2021, 18:24:06 UTC
No Saylor didn't tweeted it but with the speed they are accumulating it won't be a shock that they own 20% of Bitcoin
No, I'm pretty sure that it'll be a shock. Owning 20% of Bitcoin means around 3,7 million bitcoins. Even if we assumed that exchange rate stayed the same (that will not, but anyway IF) they'd need around 129.5 billion dollars. Quite hard when MicroStrategy's net worth doesn't exceed the 10 digits.

See tbh I also don't know am I right or wrong I just had a thought and wanted people's opinion what I am thinking is right or wrong, but trust me HODLING BTC is not a good thing ONLY IF YOU WANT IT TO BE A CURRENCY, otherwise if you treat it as a Digital Gold which was it meant to be then HODLING is not at all a issue.
There's no reason to use bold and uppercase together, it's annoying and it feels like you're yelling. Whoever is satisfied with Bitcoin's functionalities can use it as a currency; it has properties that the traditional banking system lacks of.