πͺπ¦π Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. πͺπ¦π
(twitter.com)
π π½ πΎ ! ! !
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It is a currency that is limited in supply. It is a digital store of weatlh. IF BTC is a ponzi, then all stocks are ponzi schemes as well, also throw in all investments, as they all depend on new money propping things up. Let the market decide anon.
Stocks provide a real return, and provide real world value to people in the form of goods and jobs, dividends, profits etc. BTC is scarce and limited supply, yes. But it is a breeding ground for fraud, not secure, eventually quantum computing could hack βeveryoneβ and steal all their tokens. BTC is software, and in the tech world, new and better software ALWAYS comes out and is adopted, replacing the old tech. THIS WILL happen to BTC, because the bar to entry is LOW AF.. look at the thousands of competitors arising and taking market share from this mythical βscarceβ token βBTCβ.. actually doesnβt seem scarce when literally thousands of coins are created each Day.. millions of competitors now
Outside of dividends or majority ownership, stocks donβt really do anything. Fraud is our USD that has lost 98%+ since 2013 and is yhe #1 money used in crime. Bitcoin is an open ledger and with computer forensics being what they are, way too risky to use for regular crimes. There are eay better ones (e.g. Monero, which they are removing from most exchanges because of its anonymity.)
If you canβt handle your BTC keys then donβt buy in, or just buy the ETF.
I think there are quite a few βbetterβ cryptoβs for money (e.g. KASPA), but it is excellent for what it does.
We both have our opinion but quite clearly the people and the market have already decided on BTC.