Home Bitcoin News If Bitcoin (BTC) is a Good Investment It Doesn’t Need to be Hyped

If Bitcoin (BTC) is a Good Investment It Doesn’t Need to be Hyped

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Michael Saylor expressed:  The winners are monetary technology, energy technology, computer technology, entertainment technology, retail technology, software technology, mobile technology, and information technology. The losers are antiquated technology, fiat credit, and a box of rocks.

Michael Saylor stated the above in response to Charlie Bilello who stated, “Total Returns over the last 10 Years… Bitcoin $BTC: +994,608% Tesla $TSLA: +15,200% NVIDIA $NVDA: +6,053% Netflix $NFLX: +2,337% Amazon $AMZN: +1,427% Microsoft $MSFT: +1,280% Apple $AAPL: +1,112% Google $GOOGL: +937% S&P 500 $SPY: +344% Bonds $AGG: +35% Gold $GLD: -6% Next 10?”

Community response:  Box of rocks includes gold, silvers, metals. In a decade the space mining company will provide sufficient resources needed for our planet, so no need to invest in gold. Bitcoin will take over the securities and space mining companies will be the next generation investment.

I feel like bulls are still in control here. I’m holding swing and scalp longs targeting 60k.

What if there’re no losers and no winners? “A box of rocks” though “antiquated” forever has value? Why’d humans think in terms of losing and winning? What negative effect this portends for the overall human evolutionary psychology history has shown is unquantifiable?”

Our perceptions have consequences*. That’s why Gold goes down and speculation goes up.  That box of rocks is worth over a million dollars as an NFT though.

Michael Saylor, the bitcoin cowboy buying it all up.

The fact that billions of working men and women must sacrifice 40+ years of their time, energy, health, and focus to gain access to fiat currencies that central banks can replicate with a key stroke is injustice on the largest scale humanity has ever seen. It is theft.

Many people the world over prefer the idea of saving their earnings as opposed to risking it by investing. The system has just destroyed easy access to a safe savings vehicle. Bitcoin restores this.

Many of them wasting precious talents on dinosaurs like the USPS and other antiquated technologies when they would be exponentially more efficient and productive in a system that wasn’t driven by greed, power, and the lust of money.

This concept is so important and I’m only recently understanding.

There anti-Bitcoin guys who are like:  I don’t think Bitcoin is as good as you think it is.  And a good investment, doesn’t need to be hyped.  In fact, you’d prefer for it to stay under the radar as long as possible.

“Good luck staying poor / have fun staying poor” is the mantra of the deluded Bitcoin maximalist.

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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