I'm not a fanboy over bitcoin being the deflationary future though, or think this is going to take over fiat money in its current form.
I am a fanboy of Bitcoin being deflationary because that is how money is supposed to work. Every country's currency in this world is supposed to be deflationary. So our savings will continue to be worth more as we become older. By the time we are old and ready to retire, our savings will allow us to retire and we will have no money problems. That is what real money is supposed to do. But none of the currencies in this world do that. That's because the currencies are rigged. They were built to be inflationary. Built to always loose their value. So when you are old and weak you will not be able to retire. You will be forced to continue to work forever until your death and if you do manage to make some good money you will be taxed heavily or forced to hand over part of your money like inheritance money.
So who rigged our currencies? The bankers! It was built by them so everyone on earth can stay poor and not have money to challenge the political system or banking system. They continue to reap the rewards of our wealth. The are the richest on the earth off the backs of humans. Their system works amazing. They are rich and nothing has been able to bring their system down. Mostly because they infiltrated the education system and made sure that the real truth of the banking system is not taught in schools.
I don't really care for all that trash and hype, to get the general population into crypto, it won't because they want help the world become deflationary etc, it will be because there is money to be made.
It's not trash or hype. In fact the creator of Bitcoin created Bitcoin because he understood the banking system and wanted the world to have a fair honest banking system with a system of money that was deflationary . He did not build it because he wanted to make money or others to make money. His motivation was never to create hype of making money in order to get people into get into Bitcoin. He told us the truth of what is true. That the banking system is rigged against everyone on earth and it is not a system built to help humanity.
There is only a small amount of people on earth who understand the banking system and he was one of them who was tried of it and built his own banking system to destroy the old legacy banking system. Bitcoin has been succeeding because of the technology behind it and how the way it works. It will win and become the world's currency because it's a system not controlled by corrupt people.
If Bitcoin is succeeding solely based on the fact that people are making money then it will not survive to become the world's currency. But it continues to survive even behind the fact that the central banks have been attacking Bitcoin and trying to destroy it.
This is why Bitcoin will become the worlds banking system. Because it is not a ponzi system. If Bitcoin is only about money then it will not survive and take over the old banking system. Time will tell.
The fact that Bitcoin is an honest system of money is why the big institutions have started to adopt Bitcoin and even countries like El Salvador have added Bitcoin as their main currency.
But yes there is a lot people who only care about making money. These people are part of the masses. They will continue to flow into Bitcoin and as the world adopts Bitcoin. People like our grandmas and grandpas will be forced to use Bitcoin because it will become the world's standard and they will have no choice.
The majority of people will not take time to learn how money works or even care. They will just flock to whatever currency keeps their money safe.
I'm in this for generational wealth and stablity, not because i want to help the world or think of BTC being the problem solver of the masses. 99% of BTC holders are the same, even though they like to preach, money talks.
It's true 99% of Bitcoin holders do not understand the banking system and are in it because they are making money. They don't care or understand how the banking system works. They just want to make quick money.
This is exactly why many of the early holders sold their Bitcoin. Because they thought Bitcoin was only about making money and not going to become the worlds reserve currency.
But these past 2 years we have been hearing people say they are looking for something stable. It went from "i want to make quick easy money" to "i want something stable"
eventually "something stable to keep their savings into and makes them money for retirement"
If people's countries currency was stable and making them money. Then their would have no need for the masses to go into Bitcoin.
But the masses will continue to go into Bitcoin because their countries currency will continue to devalue and devalue more.
So why are countries currency so unstable and not able to keep their value?
Because its all rigged!
Haha yeah 100%, its all about the long term, I've got a bit of BTC worth a few K, but im heavily invested in ETH and some of the more dominant alt coins. Went for a good mix of high risk and low risk. ETH will pay my mortgage off in the next few years, if not sooner depending on what happens over the next few months.
Years ago we would never hear anyone say Bitcoin is about long term. But it is true. It is absolutely important that you hold Bitcoin at least until it becomes the world's currency. 1 Bitcoin is going to be worth millions and eventually when it does becomes the world's #1currency. Every currency in the world's value will be based off Bitcoin value. Bitcoin will not be worth in dollars but it will be worth in bitcoin. Just like the USD dollar is worth in dollars. Hard to understand.
There will be no mortgages in a Bitcoin world. There will be no debt.
Mortgages and debt is part of the corrupt banking system to keep us as slaves forever!
My opinion is that since the bankers have realized Bitcoin is going to destroy their old system they hired many developers to create Bitcoin like currencies and they have been pumping those crypto coins to make people purchase them instead of Bitcoin. Once people purchase them over a long period they dump them! They dump them in order to rob people and also scare people and thinking that crypto is a ponzi scheme including Bitcoin.
Member the bankers currently have unlimited money because the majority of people keep their money in the banking system. They are able to easily pump every coin and dump them!
I would advise not to get into any other crypto coins. 99.9% of them are scams by the bankers. Im not saying you wont make money because you can. You just have to know when to sell before the bankers bring down the scam coins. All crypto coins will eventually go to $0 except Bitcoin.
Don't forget the usa military is about to arrest the bankers and politicians of the world including the royal family! who participated in the cheating of the elections and trying to destroy America.
The British empire never stopped trying to take down america ever since the American Revolutionary War
They have always been angry that America got away! the have always been angry that america got away
en.wikipedia.org
Your United Kingdom country is finally going to free of the Queen! This is why Trump walked in front of the queen to show her whos boss! @ 44 seconds
I dumped my "small" amount of bitcoin back in 2019
Even now, that would be work £2.3K, should have just kept it!
It's never too late to get back in!
I still buy some every month and i also spend my bitcoin online monthly.
I have sold, spent some in the past to buy things i need
I am looking into getting a Bitcoin credit card.
I dont have much savings but i keep 99% of my savings in Bitcoin
I barley use my bank anymore. They tried to delete me because i joined the freedom protests!
Fuck Banks!
You guys need to be careful as the City of London is where the majority of evil bankers are
in fact you there could be some evil bankers reading this and they might come after me.
if i stop writing to this thread it is because they have caught me
Bitcoin is the only safe bet.
The world will be amazing once Bitcoin takes over!
stay strong soldiers the war against bitcoin is only beginning
FIGHT FIGHT FIGHT