"One day everyone will use China's digital currency"
You think patriots would let that happen?
(Note that BtC has popped almost x6 since about the exact date this article was published last September. True, the fiat dollar bloated, but by nowhere near enough to justify even half of that move.)
"Crypto can move vast sums without having to go through a central bank."
The OP concerned Bitcoin in particular, not crypto in general. Obviously we are all seeking to exit the central-bank cabal.
"you can't hit a button and create more of them."
You can't hit a button and create more shares of Hertz either (the company itself actually tried before they went under, and got spanked). Scarcity is an argument sold to and relayed by bagholders. What matters is whether or not the components of the category (companies, cryptes) are in scarce supply, and neither are. Sans cabal boostering and protection, eventually an overpriced commodity will be required to perform superior relative to its brethren. As far as I can tell, the only thing Bitcoin does best is "be first". Well, that'll wear off.
Bitcoins supply is literally scarcer than fiat, stocks, and probably precious metals. Maybe only land is scarcer, but it's propped up by fake Fiat currency.
Bitcoin/Crypto is the antidote to the Great Reset and I feel bad for patriots who don't see it
Bitcoin is not scarcer than class-a or class-b stock, or corporate bonds, or class-c "common" shares of delisted husks, nor is it scarcer than antiques and other rare-artifact numismatics (all of which are far better "stores of value" than crypto, and insurable to boot). Nobody ever worries about Ferarris made in the 1960s suddenly plunging in value 40% overnight. Last of all, it's not scarcer than real-estate.
Yes, it's portable -- but only a tiny sliver of people currently in BtC use it for the express purpose of transporting wealth in a personal carried flashdrive wallet. The vast majority of hodlers are Coinbase and Binance speculators.
yes it is.
Wtf are you talking about? A single bitcoin can be broken down into 100 million satoshi. Now multiply that times the max number of bitcoin...
Using that logic my excel spreadsheet is a ledger system with many less fields available. I'll sell you the entire first row of cells for 10 bucks a fell...
good luck with that! I'll be over here buying Bitcoin!
I for one, am moving to ETH. Their supply will start diminishing in July, and should have unlimited price ceilings due to scarcity as well.
Yup the value is the blockchain system.
You ARE the OP, why are you implying you arent OP?
I did no such thing, and you evaded the point:
"The OP concerned Bitcoin in particular, not crypto in general. Obviously we are all seeking to exit the central-bank cabal."
"The Nords had posted blah de blah blah...." This is what you did. Talk in 3rd person. Wtf.
Because the subject isn't me.