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Dan Held Shared: If everyone in the world understood Bitcoin, and the current macro environment, then the price would be $1M-$10M per Bitcoin.
Community Response: I hope you mean people who have internet access correct. Otherwise bitcoin is a useless product for people who cannot read, write and cannot afford internet. There are more than 7 billion people on this planet by the way and not just few million who you might interact here.
Stop whining. My friend, unfortunately it’s the truth. Just take a wild guess how many of the 7.9 billion people know about cryptos. I think, maybe at least 95% of those 7.9 billion people might have seen, heard and touched gold once in their life. Because most rural areas work offline only.
That was his point though, if those people knew and understood not that they already do? Can you read? There are more than 3,5 billion who have access to the internet.
Just let me add a fun fact, cryptos are banned in India and China so remove around 3 billion people out of those 7.9 billion automatically.
Not banned mate, but yeah regulations are coming up in 2022. If everyone would give me exit liquidity.
LOL you’re going to need it, if this shit about interest rates comes to pass. By then too late. Hindsight is 11/11. That when I should have sold. But now I am hedged 3:1 so it’s not a dead loss.
Information now travels at the speed of light, but understanding does not.
We must educate. That’s is the only way this all works out. I disagree and it is too exaggerated because the U.S government will stop them and nothing you guys can do about that.
That’s a fact. Bitcoin is the 1st Gen Block Chain. With CBDCS being rolled out in the next few years. Cryptos will be no match for DIGITAL FIAT worldwide adoption. How does the masses transition to a secure, fast, worldwide digital payment transaction system? BANKS & Digital.
Why? There 3 million coins left and only 1 country truly committed to it? It’s a great investment but stop saying none true statements.
There’s about 2.1 million left to mine over the next 120 years. That’s the lowest inflation rate of any asset.
Secondly, bitcoin doesn’t play by government rules. The number of participating countries is erroneous. You can’t enforce dead currency. Ask Venezuela.
So, you are not going to pay taxes on your Bitcoin gains. Of course, bitcoin is governed. If you, don’t you will have a beautiful view of “the yard” with thick bars in the window and a cellmate named Animal.
And people dodge taxes left and right – right now anyways.
The IRS got Capone for about million in missed taxes. You think they won’t come after the 10’s of billions in missed taxes. Good luck with that. Keep the tweets truthful and wise don’t promote stupidity. With saying bitcoin won’t ever be regulated by governments.
Yeah, and just imagine how rich you would be, I’m sure you will find some more millennials to help drive the price up for you.
He purposely ignores how fiat currency is only an IOU not an asset, knowing there is a huge audience who have zero understanding of this as well. It’s called taking advantage of uneducated people.
I don’t have much Dan, just a poor working class man here, but I accumulate what I can, when I can. I am hodling for a few decades at the very least.
