Quote from: xiaobu12345 on Today at 10:42:21 PM

Quote from: $crypto$ on Today at 08:00:46 PM

…… I don't care about the price now, this is because of the FUD of the government who continues to sell their bitcoin.

FUD ,good description!

When it comes to the government, I think there is no need for a government to support Bitcoin because the issuance mechanism of Bitcoin is in opposition to the government. As a government, to manage its own country well, it must have the right to issue currency. It governs the country and the people through the right to issue currency. If they support Bitcoin, it is definitely contrary to their will of governance.

Then from my point of view, it is impossible for the government to support Bitcoin. Even if they ostensibly support Bitcoin, they must be cracking down on it secretly. After all, as a government agency, there is no need to stab itself in the back or support something that will threaten its own rule.

So I think behaviors like the German government selling Bitcoin will occur frequently in the future. Maybe the US government and the British government will continuously follow up to sell and suppress Bitcoin so as to make the Bitcoin circle unable to survive. For example, miners cannot survive. A large number of investors suffer losses, and Bitcoin is completely reduced to a tool for speculation and gambling instead of a real world currency.

if both the usa and Germany sold all their coins and price tanked people would buy cheaper corn and mining difficulty would drop. we would climb back up the hill again. For your case to work I would think blocks need to be at .39 not at 3.25

but its a short wait of

1.62500 2028
0.81250 2032
0.40625 2036

If we were at that time I could consider you argument to have legs.