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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Arriemoller
on 05/12/2024, 14:06:33 UTC
⭐ Merited by JayJuanGee (1)
Happy BTC $100k
BTC crossed $100k today, Bitcoin is now the 10th largest currency in the world.
~snip~

We can say it that way, although in reality Bitcoin has moved away from the idea of ​​being a currency, and has become something completely different. In the next few years, millions of BTC will be owned by a few rich companies and individuals, and the average Joe will try to buy a few satoshis with the little money he manages to save.

When politics and the powerful of the world interfere in something, it usually results in something bad. I hope Bitcoin will show resilience in every sense of the word.

So what? those few satoshis will be the equivalent of those few bitcoins we bought 10 years ago.
You can't have a permissionless currency and bitch about the "wrong" people buying it, it's permissionless.