If you thought “number go up” only applied to Bitcoiners…
The stock market’s “number go up” blinds the vast majority of Americans with say >250K household income of either political affil...
For those who don’t get what this means let me paint the picture (assuming Bitcoin standard by 2030):
2030: Bitcoin standard announced, people rushing to financial institutions to convert dollars to paper bitcoin. Major premium for self custodied coins.
2040: Paper bitcoin dominates world trade, fluctuating wildly at times from the spot price in both directions.
2045-2050: Self-custodied coins of “problematic individuals” sanctioned. Major media push against self custody. Laws passed to make self custody illegal. Major drop in price of self custodied coins. Supply gets sold by those who need the money to large holders aka large institutions aka wealthy elite families.
2060: Major premium back for self owned coins, except now the self owned supply is held by a few wealthy individuals, families, and institutions.
Have a nice day!
2030: Bitcoin standard announced, people rushing to financial institutions to convert dollars to paper bitcoin. Major premium for self custodied coins.
2040: Paper bitcoin dominates world trade, fluctuating wildly at times from the spot price in both directions.
2045-2050: Self-custodied coins of “problematic individuals” sanctioned. Major media push against self custody. Laws passed to make self custody illegal. Major drop in price of self custodied coins. Supply gets sold by those who need the money to large holders aka large institutions aka wealthy elite families.
2060: Major premium back for self owned coins, except now the self owned supply is held by a few wealthy individuals, families, and institutions.
Have a nice day!