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RE: Digital Gold Narrative Infects US Treasury

in LeoFinance5 days ago

You've answered your own question within the question.

as I think there is a finite amount of value that will be stored in Bitcoin

It must come to a point where you can earn more through work and effort, creating the value..

Too many people think the value of Bitcoin comes from value outside the network pumping the price. All of Bitcoin's value is derived from within the network. Humanity is currently operating at 1% potential. Crypto allows this number to rise significantly while creating flywheels we can't even dream of within the current setup.

The system we are in can not scale because it always becomes top-heavy and collapses. Crypto creates a foundation that allows the tower of finance to reach far greater heights before it topples over.

The bear market is an essential piece of the puzzle. The free market is flushing all the bullshit out of the system every four years allowing exponential growth to continue. Meanwhile zombie corporations are kept on life-support indefinitely, which doesn't allow any competition to grow within legacy systems.

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Ah makes sense, that is a good way of looking at it. It will be amazing to behold so many people being freed from the fiat enslavement. Hopefully they didn't sell at $100k.

It shouldn't matter if people sold at this or that price.
In the end the only thing that matters is to earn money.
One of the big reasons why Hive is my main platform.