Post
Topic
Board Economics
Re: Micheal Salyor decalogue for a 10x Bitcoin Appreciation
by
Jatiluhung
on 12/11/2023, 02:41:17 UTC

Quote

  • There's a lot of ignorance and fear. People think that crypto is the same as bitcoin. If they think that then, I mean, they don’t understand either of those two things.
I'm trying to digest this one point. This is a fairly basic point, but actually it is the most important point and also a point that many beginners who have just entered this field do not understand. I wish I could have understood this better earlier too. And this is indeed one of the important things that needs to be said more to overcome everyone's doubts and fears about bitcoin. I admit that MS is exemplary in his very optimistic and unwavering attitude when talking about Bitcoin and the speculation he puts forward for the future.
But sometimes he does exaggerate a little when talking about rapid increases and such. But even so, I agree with almost all the points he put forward. Although sometimes he seems too ambitious about the future price of Bitcoin.

However Bitcoin will indeed be bullish in time. And however, fiat is currently experiencing a decline in value. It's not about a decrease in the value of one currency from country A to country B. But a decrease in the value of the price if bartered with objects that we usually buy and sell. Ah, sorry, it's hard for me to find the words to convey this. I didn't find suitable words.