Bitcoin. There will only ever be 21 million bitcoins and 4 million have already been lost. The last bitcoin will be mined in 2040, 21 years from now. How many more will be lost by then? The main thing to consider which nobody is mentioning is, people die. People who own bitcoin and have never shared there private keys with anyone else, die. How many people who own bitcoin will die in the next 21 years. What about the next 40 years? IF bitcoin is the one and it is the next move in the evolution of money and it is consistently being lost over time the value will increase exponentially. Think about it, 4 million lost in the first 10 years of its existence. Lets say conservatively 15 million are left in 20 years time, how many do you think the likes of JP Morgan, Sachs, Soros, Gates, Musk and governments of the world will own? You and me are WAY down in the pecking order. The rich will scoop up the majority and leave the world fighting over scraps.
I believe less than 1 million bitcoins will be accessible to the general public because the rest will be vaulted away. One world currency seems inevitable and seems like its getting closer and closer. Million bitcoins divided by just 1 billion is 0.001btc each, current value $4ish. Yeah sure there could be more bitcoins on the market and yeah the population could be 10 billion people in 20 years time who spend a currency and yes it will not be divided equally, its just a rough example of what could realistically happen. 0.001btc will be worth a lot more than $4ish that is a cert.
So many predictions on what the value will be one day. Mathematical equations, previous data and technical analysis. But in the end it comes down to one thing, acceptance. If it is given the green light, in bitcoin we trust. On the flip side of the coin a red candle would indicate, prepare for war. You cant shut down bitcoin, the founder is a ghost and now it has its own satellites in space, which means it doesn't even need the internet any more. Lightning network will take BTC to mass adoption, are you seriously even considering betting against the smartest people on the planet. What is bitcoin? Anything you want it to be. If you think about it logically, we live in a digital world, where 2 year olds are playing minecraft and entertainment, socialising, possessions live online. Food is ordered through an app and the likes of amazon deliver what ever you imagine. Once a tree was a seed and you never even existed. $0.003 BTC has reached $20K and 99.9% of the population were unaware of what bitcoin is. Imagine when 10% jump on board the moon train, wouldn't that make bitcoin
be worth $2 million each? I understand this would put bitcoins market cap in the 10's of trillions of dollars. You need to understand its not a company, its not owned by anyone it is essentially money. Like gold as an asset, as a whole is worth around $7 trillion. Comparing gold to bitcoin is like comparing a horse to a car. Both are a means of transport but are to complete different entities. You can choose to ignore, you can choose to trade, you can choose to hold. Many choices are on the table for those who have access. If you have money spare and are not invested in bitcoin it might be worth asking, why?
The chances are your money is in a bank account earning 3% average a year if you don't touch it. Lets say bitcoin is $4000, lets say you have $4000 in your bank earning $120 a year (3%) if your lucky. In 10 years time you will make $1200 assuming your bank has not collapsed. How much will you make off bitcoin? This year its entering the stock exchange, 8 bitcoin terminals are being setup daily, lightning network is being deployed enabling fast payments for retailers, bitcoin is deflationary, accepted on a global scale, the future of money. Who knows how much you would make but the most you could lose is $5200. That's if a dollar is still worth a dollar.
If you are even questioning whether to invest or not your best off not. Mainly because you would not know when to cash out. Your mindset is limited to what is and not what the future holds. The world was is built through the imagination of those able to see. For countries to make bitcoin its main currency, the price needs to be astronomical to reduce its volatility. Example if BTC was $2 million, buying / selling 1000 BTC would not alter the price which is the equivalent of $2 billion. It would probably take a trillion dollars to drastically alter the price, which would exactly happen with fiat currency today. Bitcoin has, is and always will be successful. For you to succeed requires knowledge, patience, belief.
Bitcoin is always welcome at this address 3M5yqrrUH5CMyTXyhxmzemwFLsSNuzhqf6
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