Quote from: Ruttoshi on Today at 10:51:09 AM

It's funny to see that in the early days of bitcoin government were against it and wanted to kill it thinking that it was within their control and there were several bans on bitcoin but still bitcoin as a baby was able to pass through all those rough period and survived till date. Now that bitcoin has turned to a teen is when the government are now showing big interest in it, because they have come to realize that there's nothing that can stop bitcoin from growing into an adult in future.

It seems to me that governments are mostly interested in bitcoin for themselves, and not in terms of actually empowering people, and so we are not done with any kind of battle to make sure that we are not disempowered by governments' current interest to have bitcoin as part of their treasury.

Some of them might actually talk the right talk, yet we need to watch that they are not trying to take bitcoin away from the people, which seems to be part of their aims, while at the same time if they are successful in taking bitcoin away from the people, then they end up killing a lot of bitcoin's value proposition.. and perhaps even killing bitcoin itself.. even though bitcoin is pretty resilient to a lot of these kinds of attacks, so in the meantime, those of us holding and still accumulating bitcoin are likely benefitted by governments, financial institutions and rich folks pumping our bags.

Quote from: Ruttoshi on Today at 10:51:09 AM

The government are now the ones rushing into bitcoin because they have seen that with them or without them bitcoin keeps growing, and they cannot stop it. This is why you see them planning on buying as many bitcoin as they can buy overtime, to use as reserve so that they don't miss out and regret for not acquiring more than enough Bitcoin for the future, because bitcoin has been tested and confirmed that it's a hedge to inflation and will give handsome reward for investing in it in future.

Not all governments are onboard, and surely governments are not likely wanting to pump bitcoin in order to pump our bags, even though that it what they are doing. I doubt that they want to give up control, yet they are forced towards considering bitcoin in various ways... and many of them still have hardly any clue about what bitcoin is beyond number go up technology... so we are still early days and no coordinated ideas about what bitcoin is even though, yeah a lot of governments are realizing if they cannot fight it, then maybe they should join it.

Quote from: Ruttoshi on Today at 10:51:09 AM

How I wish that those individuals who are still doubting bitcoin can look into the future to see that bitcoin future is bright and invest in it before it is too late. Doubt can make you not achieve success when the opportunity is before you. Don't doubt but have faith in bitcoin like the government have now.

A lot of individuals are going to end up having to buy bitcoin at higher prices, to the extent that we have not already bought a lot of bitcoin or at least that we have not already started.

So, yeah, the longer that any of us have been in bitcoin, then the more advantaged we are going to be, especially since many of us know that it tends to take a long time to build wealth and/or to stack suffiicient amounts of corn.

Quote from: SuperBitMan on Today at 11:04:03 AM

Quote from: promise444c5 on Today at 06:10:46 AM

Quote from: SuperBitMan on December 13, 2024, 10:34:25 AM

https://twitter.com/saylor/status/1865473610942464056?t=_F0ighUMNaq60ZDXlCIWKA&s=19
This is a very nice advise and other countries and individual should adopt it, no body is talking about Gold as an investment opportunity anymore because Bitcoin has taken that position so no need holding an asset that is no more valuable if you have gold sell it and use the money to purchase Bitcoin and hodl.

Nah.. if they see the need to buy Bitcoin then they should make decisions themselves and not advising them(government ) / other investors to sell gold or any other assets to buy BTC , if they wish to sell it then so be it.

Is not a bad advice is a very good advice because what is the need holding unto something that is losing its value, giving people and government advice about achieving something great is super cool it's lift for them to accept or reject.

The punchline of what Saylor is recommending has to do with bitcoin being a stronger store of value than gold, so in that sense there is no need to keep gold if bitcoin is better than gold. Sure, Saylor did not say that bitcoin is 1,000x better than gold, but he did likely say that by 2045 bitcoin will be around 13x greater price than gold... and that bitcoin is going to continue to grow.. so likely even Saylor realizes that bitcoin is in the ballpark of 1,000x better than gold, even though it may well take a while for those relative prices to be reflected in the market.