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by Finage at June 14, 2021 6 MIN READ

Crypto

What if Bitcoin hits $100k, that makes no differences?

It makes no difference if Bitcoin reaches $100,000. Many people have misunderstood the situation. One of the great illusions in today's culture, I realized, is deceiving yourself into thinking you're getting richer. 

 

Bitcoin is making every previous investment/asset look foolish. 


Bitcoin is something I own. Early on, I became interested. People either adore or despise me for making such a bizarre technological decision. They occasionally produce inaccurate stories on my opinion on the future of money, while also blocking their minds to fresh ideas. They believe I am interested in Bitcoin opinions. I don't think so. My whole purpose in life is to get people to think. Mind control is the art of persuading others to agree with my point of view. I won't be able to brainwash you. Sorry. 
People believe that when the price of each coin reaches $100,000 USD, the game is over. While the increase in value is pleasing to us early Bitcoin adopters, it entirely misses the objective. 

 

Bitcoin might drop to $100 again. I don't believe so. But, if Bitcoin's price does something ridiculous, so be it. Bitcoin, I believe, is a paradigm shift in thought that is spreading throughout the globe quicker than any pandemic. Bitcoin isn't meant to be a long-term investment. Bitcoin isn't intended to be a get-rich-quick scam. 

 

Bitcoin represents a new way of thinking. 
If Bitcoin's popularity continues to grow at its current rate, society's foundation will shift. Centralization is the foundation of society. Governments construct society. Races are separated by borders in society. Bitcoin has no boundaries. There isn't a Bitcoin office in the area. 

 

You can't scream at Bitcoin. 
You cannot be shut down by Bitcoin's millionaire owner. Bitcoin's originator is unknown – it could be Wonder Woman, for all we know. You have the option of looking into Bitcoin or not. You have complete freedom to purchase Bitcoin. You have complete freedom to transact in Bitcoin. 

 

People are easily caught up in the Bitcoin hype cycle, or in their fury over the fact that they did not acquire Bitcoin, and hence feel compelled to fling stones at anyone who did. 

Here's the thing: Bitcoin doesn't give a damn. Bitcoin is unconcerned with your feelings. Bitcoin is unconcerned with your wealth. 
Bitcoin is a solitary act of defiance. 

 

It's the notion that inequity is a terrible thing. The notion that money can be created out of thin air and distributed to a select few in order to boost the stock market is fundamentally flawed. It's the premise that houses shouldn't cost the equivalent of a lifetime's worth of cubicle time. It is the concept that you should be able to transmit money to anyone in the world in a matter of minutes. 

We will all use Bitcoin in the future, just as we all use the internet. Bitcoin is a monetary information system based on the esoteric blockchain technology platform. In the actual or virtual worlds, blockchain will someday be the honesty you rely on to move a widget from point A to point B. 


Everything is democratized and fragmented with Bitcoin. 

Almost every day, the concept is trending on Twitter. It is displacing traditional news. People who have an audience are discussing it. Content about it is being promoted on social media. Almost every online group has at least one ongoing discussion on it right now. 

 

Bitcoin was always going to happen. 
A financial system that excludes individuals could never be sustainable in the long run. People serve as a wake-up call to the current monetary circus. People are seeking change, which is why they are investing in Bitcoin. 
It's possible that Bitcoin will not be the final product. 

As a punk kid, I remember Pets.com being a popular website. Despite being one of the first online enterprises, they were wiped out. 
Many other early tech behemoths perished as well. 

 

Bitcoin could face the same fate. 
Bitcoin represents the beginning of the internet's growth. It's possible that this isn't the final state. Although I believe that a competitor to Bitcoin and its single purpose of storing anyone's built-up value is unlikely to emerge (digital gold). Before a Bitcoin competitor could get up and dance, it would most likely be silenced. 
Bitcoin happened by chance. 

 

It crept in by the back door, and governments were unconcerned about it. There was a wonderful opportunity to outlaw Bitcoin in 2017. It was not to be. It's practically hard to ban Bitcoin now that it's so big, and it's owned by public firms like Tesla (which has prominent CEOs). If someone interfered with Bitcoin, the internet would explode. 
That is the optimist's viewpoint. Bitcoin, on the other hand, may become a horse and cart as well. It's possible that better technologies will emerge. Bitcoin might be compared to the 56K modem used in the early days of the internet. Ethereum has the potential to become a high-speed broadband competitor to Bitcoin. No, I don't believe so, because both have a future. 

 

Bitcoin functions as it does because it is ridiculously simple. It only serves one purpose. Its speed is unimportant. Even if they have never switched on a computer, everyone can grasp Bitcoin. 

Bitcoin is a digital currency that allows you to store your time. 
Grandfather Clocks are an alternative. 


Bitcoin can be ignored. You can act as if it's evil. Then you have the following options: 
Stocks are at all-time highs, with a substantial likelihood of a correction. 
Gold is a fax machine that is heavy, expensive, and under-performing. 
If you can handle the huge upfront costs and the worldwide housing bubble, real estate is a good option. 
Bonds are a form of debt repayment that pays you almost nothing in interest. 


Derivatives allow you to speculate on the price of an asset without really owning it. Welcome to the world's first global casino that can continue to operate even if sport is halted due to a pandemic. 
Throw your savings account money on the sidewalk and step on it 200 times. It has a higher entertainment value than a traditional bank. 
For the foreseeable future, the options for storing value are rather bad. As a result, Bitcoin and, to a lesser extent, Ethereum, have gained in popularity. It's easy to see why Bitcoin is gaining popularity. It's not that $100,000 per Bitcoin isn't a nice sum of money. It's the fact that current financial products are ineffective. 


Inflation taxed you in the buttocks if you don't have Bitcoin. The year 2020 taught the general public about money production. 

Governments generate money out of thin air in order to collect additional money on top of taxes, or to pay for previous or ongoing blunders (pandemics, wars). Any money you have will be devalued as a result of this procedure. You might believe you're safe if all of your money is invested in assets. 


The problem is that printing money distorts the value of things like real estate and equities. This has one basic effect on you: calculating the value of an asset becomes more complex. When you don't know how much an asset is worth, you have a portion of it taxed away from you. Or you can be crazy and say things like "my stock portfolio increased by 20%!" 
One of the biggest illusions in today's culture is deceiving you into believing you're getting richer. Your psychology is based on the belief that you are becoming wealthier, so you continue to use the old financial world and pay their taxes and middleman fees. 

 

The concept of middlemen is suffocated by Bitcoin. You may either trust a man or an irrevocable code. 


Buy Bitcoin is the ridiculously simple point of Bitcoin. Don't fall for it. Keep an eye on the price as it approaches $100,000, or disregard it. 
The Facebook-famous Winklevoss twins put it best: Money is the most powerful social network on the planet. 
Social frameworks are evolving because they are required to do so. It is impossible for a tiny group of people to continue to govern the planet. We can't let a few mega-corporations tell us what to think or how to feel. At some time, ordinary people all across the world will have to reclaim the internet. 


What difference does it make if Bitcoin reaches $100,000? It isn't going to make you happy. You won't feel any better if you didn't get any. 
Bitcoin is a concept that questions ownership. Everything changes when the owner changes. Allow yourself to be receptive to the inevitable shift that will occur. That appears to be the point of Bitcoin, which is being overlooked.

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