At this point it almost feels like playing with Monopoly money. “If only this were real money!” But hey, it’s worth more than real money and you can buy in with real money. @dollarvigilante do you want to spot me a BTC? LOL!
How far do you foresee BTC rising before it plateaus or crashes back? And do you see it crashing completely or will it always have value (for the next 10-20 years at least)?
Your thoughts?
Have a look at Venezuela and you will see what BitCoin is actually meant for: To free the people frrom the yoke of Fiat and throw off the hand of the oppressors.
But maybe mankind isn't ready for BitCoin yet, because all most people use BitCoin for is to make more fiat money. What could possibly be lost if mankind drowned in its own stupidity?
BitCoin amidst the Crisis in Venezuela
That's an interesting thought because I look at it still in terms of fiat. Isn't that comparison the entire reason why it's becoming so popular and rising so fast, though?
If that interest wains, so does the use case and value, if you ask me... but I still, personally, think it will be viable in the years to come. Maybe, just maybe, in the future Bitcoin will be the Global Currency... or perhaps it will be a different Cryptocurrency that's currently worth just a penny or 2 now that becomes more valuable.
That would be interesting to see.