As many of you see Bitcoin is still rising despite what political officials and big banks are saying. The other cryptocurrencies are following right behind setting gains that no one has ever seen. Some say bubble and some say it's not and could go higher. The main thing I hear no one talk about is the shape of the US Dollar. I think this whole Bitcoin thing shows just how WEAK the US Dollar really is. With the DOW and NASDAQ hitting all-time highs as well. Is the US Dollar on the verge of crashing? At the same time, the US Government just keeps printing money. Spending by our government is becoming out of control. Like I said Bitcoin is an asset not currency (at this moment). If we do go to a digital currency, which I believe we will, and it is Bitcoin. You think $17,000 is high...I think more like close to a million. There are only 121 million Bitcoins that will ever be created. There are only around 300,000,000 people in the US alone.... That's just the US.
So as you can see Bitcoin, Litecoin, or whatever is chosen will be worth tremendous one day if this all plays out. Which by watching how much these world leaders and media talk about Bitcoin and other cryptos. I think something will happen.
How do you feel about the current US Dollar and Bitcoin? Do you think it will change the world? Do you think Gold will be the thing to own? Comment down below.