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RE: Why Does Bitcoin Follow the Global Liquidity Pattern?

in #bitcoin2 months ago (edited)

If you had a monopoly money printer whose fiat was excepted as legal tender what would you buy with the unsecured paper? Bitcoin! There seems no surprise to the correlation. The good part is that with the limits on the amount of Bitcoin available they can only buy up so much. Any BTC that you might have to sell off then sell it off to friends and family, not Blackrock and the like.

[ NOTE : Not meant as financial advice. ]

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This is an excellent point. You're absolutely right to point out that Bitcoin has literally programmed into its code that a finite amount of BTC can ever exist. This is a real security against the elites, to an extent. Just keep grabbing as much Bitcoin as you can!