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Rhakho
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yo guys u think
#btc
will reach ATH this month
#bitcoin
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Rhakho
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Any comment on Micheal Saylor latest interview on btc Self custody?
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In 2024 the majority say "You're such an idiot for gambling on #Bitcoin" In 2034 the majority will say "How the hell did you know about Bitcoin so early?"
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Using a form of money that has no cost of production means that the entity that prints it can steal your time and resources You spend your whole life working for money, while the ones with the printers can print your salary You give away your time and resources You miss out on hobbies, vacations, time with family and friends You sell 50-60 hours every week of your entire life for something that can created with the press of a button by someone else Every $100 you save will buy $50 or less (in today's prices) of goods in 10 years Meaning YOUR FAMILY GETS TO CONSUME LESS in the future because you're saving in something that isn't scarce If you want to retain your purchasing power, you must give away your government-issued currencies ($, €, £ ¥, etc) and purchase assets Your wealth will be redistributed, and there will be nothing that you can do about it... Unless you study #bitcoin Bitcoin can eventually cut off the parasite-infested global financial system and completely replace it in our lives The people without access to a stable banking system are already figuring out the benefits of Bitcoin because otherwise, they're forced to save in government-issued currencies (they don't have access to stocks and prime real estate) Real estate and stock prices will be crushed in terms of Bitcoin over the next decade as savers see the benefits of using Bitcoin to protect their purchasing power Bitcoin's returns are going to continue to outpace stocks and real estate because Bitcoin is the only asset that has a truly finite supply and can be used as money If you can figure it out before the masses, you could be the beneficiary of a massive increase in purchasing power as 1 Bitcoin approaches $1M+l
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If the entire 21 million #Bitcoin supply were to be evenly distributed to all 8 billion people on earth, each person would get 0.002625 BTC Today 0.002625 BTC costs $165.38 Most people will ignore Bitcoin until $1M+ @ $1M, 0.002625 Bitcoin will cost $2,625 @ $10M, 0.002625 Bitcoin will cost $26,250 #btc #bitcoin☀️ #bnb #BTCUptober
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The bigger they are the harder they fall If #Bitcoin goes to $1m at some point and then drops 60% that's a 600k loss - with the price dropping to $400K If it drops 70% that's a drop to $300K A lot of people are going to go bankrupt because they will get greedy, buy 1 Bitcoin with leverage at the peak, and sell when they panic as the price drops These people will hate Bitcoin forever This is why I want you to buy NOW so you won't panic buying at $1M #BTCPredictedNewATH #BTC☀ #BitcoinTherapist
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