First published at 04:34 UTC on August 15th, 2021.
Since 2009 when bitcoin first became available, it has had a ride that is like magic! No investment ever grew for a decade at 170% annually, on average. I doubt that there ever will be another investment like this. We are in conversion from a cor…
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Since 2009 when bitcoin first became available, it has had a ride that is like magic! No investment ever grew for a decade at 170% annually, on average. I doubt that there ever will be another investment like this. We are in conversion from a corrupt money system, unfair in so many ways, to the first fair money system and it's catching on, like red licorice candy. Most people don't realize it, but gold has an infinite supply and that reduces its value, without the bankers rigging the gold market. We used gold for a while. We used seashells for a while and the seashell era ended when men with boats gathered up seashells from nearby islands and flooded the market with them. The seashell market crashed and soon, it will become widely known that Pons and Fleischmann created gold from heavy hydrogen in a lab, using platinum, as a catalyst. They transmuted gold and silver. Another project, the Safire Project also transmuted elements. Both groups got 16 elements. The latter group did not get gold or silver, but they got rare earth elements, which have enormous value. Nobody can create bitcoin. It was designed to be scarce and every day, it becomes more scarce. In 2024, the supply of BTCs being mined will fall to half. The demand will likely double, so where is the price going? Econ 101 says that when demand goes up and supply doesn't, the price will rise. How high can the price of bitcoin go? Can bitcoin moon or is this going to blast out of the galaxy? Every day, people produce more wealth. Where will it all go? In the bank, at 0.01% annually? Bitcoin has paid 170% annually for a decade. Would one have to be a genius to recognize what to do? Is there a better place to put money? Is there a fairer money system, anywhere?
#bitcoin #cryptocurrency #crypto
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