Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 30/01/2025, 04:58:22 UTC
[edited out]
I don't think so..we already have 36 mil of them.
What would happen instead is that some would become "oligarchy" coins that would be foisted on populace by the banks and investment firms, starting with some currently known names that were already discussed here.

I am afraid that bitcoin's message could be potentially diluted going forward.
I am keeping bitcoin intact, but would be looking at other opportunities if they come along.

From the look of it, we should expect higher prices on goods in the next 6 years, unless AI would bring in salary destruction on a massive scale.
I am quite interested in T. talking about no tax on income.
This might be because there will be DRASTICALLY less income soon, perhaps, so gov has to find money elsewhere?

Apart from your proclamation to seek out shitcoin opportunities, you make some decently good points.

Bitcoiners should still be in a good position to weather out higher prices of 2x to 3x-ish in  the next 6-8 years, investors in other assets will vary in terms of their abilities to keep up in real terms.

I am  likely not enough of a visionary to consider the ways that AI would be culpable of fucking up jobs as much as it might get blamed for other irresponsible aspects of governments that interfere with world-wide markets and incentives to work in a variety of ways that AI would not quite be ready to fill.  I suppose there could be some value in attempting to study these kind of impacts more, yet the elephant in the room likely relates more to various government money systems and various ways that free markets do not exist, and surely I don't even know the resolution to those kinds of matters since there is always going to be interplay between labor and capital and some aspects of trickle down does likely work but also workers are going to have uprising too if there might be lack of sharing of company profits. ... and I am not even claiming to know the solution to these kinds of tradeoffs that may become even worse during periods of unrest. 

I have doubts if Trump and his various team members have all (or even most) of the answers, at least from the USA angle or how whatever the USA might do in light of world ramifications, either.


Not shitcoin opportunities (at least they don't look like this to me), but I am getting a bit impatient to have ANYTHING viable as a 2nd layer (financial) on bitcoin.
I am still at a loss as to why nobody build anything major so far after all that talk about layering architecture (potentially).

Yeah, there are Stacks, but almost nobody seem interested despite consistent promotion of it the coming from WS.
There is also others (not to be named here), with progressively inane designs where you supposedly risk your pristine bitcoin and receive "yield" not even in bitcoin, but in a lame s-tcoin.