Why BTC Bottom is irrelevant
$Bitcoin (BTC.CC)$
Bitcoin, unlike other alt coins, has very little to do with short term profit.
This drives wallstreet off the deepend (not to mention the Federal Reserve - hint, they are one in the same).
Fiat, is not backed by Gold. And thats a serious problem. Unlimited supply is a recipe for disaster, and the primary cause of inflation.
Bitcoin solves this problem by limiting the supply. It’s essentially like storing gold in a safe, but doesn’t require a jack and dolly to move around.
The blockchain also removes the need for a bank. And that posses a huge problem: if everyone has complete control their own finances (open ledger), what role does the federal reserve play?
Bitcoin, unlike other alt coins, has very little to do with short term profit.
This drives wallstreet off the deepend (not to mention the Federal Reserve - hint, they are one in the same).
Fiat, is not backed by Gold. And thats a serious problem. Unlimited supply is a recipe for disaster, and the primary cause of inflation.
Bitcoin solves this problem by limiting the supply. It’s essentially like storing gold in a safe, but doesn’t require a jack and dolly to move around.
The blockchain also removes the need for a bank. And that posses a huge problem: if everyone has complete control their own finances (open ledger), what role does the federal reserve play?
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