Quote from: serjent05 on November 03, 2024, 11:35:36 PM

Well to add to the quoted post, these countries consider Bitcoin as an asset:
United State
Canada
Australia
Japan
United Kingdom
Germany

So we really can say that it is an asset since government had already started accepting and labeling it as an asset.

I don't care about it and as a Bitcoin investor, I care more about policies from governments that can affect me and my personal finance. Like Capital Gain tax on Bitcoin, recent months there are some countries with proposals to force their citizens pay tax even they're holding bitcoin and not yet cash it out for profit.

It's very fearful policy if it is enforced by law and tax authorities and if it spreads more globally to other countries.

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Satoshi disappearance is still a mystery. All we have in our minds are just guesses and assumption but this disappearance had a great positive impact on the trust of users and investors in the Bitcoin network as time pass by. The timing of Satoshi disappearance is good enough to establish the trust of the community since it happens before Bitcoin became popular.

Satoshi Nakamoto chose good times to launch Bitcoin Genesis Block and for his disappearance from Bitcoin communities.

Bitcoin Genesis Block with the message taken from The Times newspaper on that day: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
https://en.bitcoin.it/wiki/Genesis_block

Bitcoin block subsidy halvings are set up to happen in USA. Presidential Election Years. It's perfect for Bitcoin volatility as well as chance to be pushed up a lot with policies from a new President if things are good.

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For users and holders, the significant amount of Satoshi's holdings' threat to crash the market had been eased out due to his being absent.

Satoshi Nakamoto if is still alive and has access to his bitcoin, will have no reason to dump all of his coins on the market. He has no reason to sell all because he won't be able to use all of such massive money after cashing out. As a Bitcoin founder, it's reasonable if his main priority is holding his bitcoins.