A little bit about Bitcoins future. Hope this will be helpful for those who are new at crypto.
# When Satoshi Nakamoto created Bitcoin he put its supply at 21 Million. And already 19 million Bitcoin has been mined. For this limited supply the purchasing power will increase day by day. Bitcoin follows the low of supply and demand. when the demand for Bitcoin increases, the price increases. Now Bitcoin is accepted as currency in many places. From donating to a church to buying a Lamborghini, everything can now be done with Bitcoin. That means its acceptance is slowly increasing. And its good for Bitcoin.
# gold.
# When Satoshi Nakamoto created Bitcoin he put its supply at 21 Million. And already 19 million Bitcoin has been mined. For this limited supply the purchasing power will increase day by day. Bitcoin follows the low of supply and demand. when the demand for Bitcoin increases, the price increases. Now Bitcoin is accepted as currency in many places. From donating to a church to buying a Lamborghini, everything can now be done with Bitcoin. That means its acceptance is slowly increasing. And its good for Bitcoin.
# gold.
1. Bitcoin Future is threaten by Global Power Supply Rationing, which can lead to Permanent Bans on Proof of Work.
Bitcoin Devs and community have no answer to this very real danger.
2. Satoshi left the btc community , it is possible he recognized the fatal flaw in PoW and decided to waste no further time on it.
3. Gold still has value if the lights go out, no energy no bitcoin.
If you want BTC to have a future, solve #1.
