PlusOneCoin (PLUS1USD): PlusOneCoin - Right now governments are...

Reply Private New

Replies (1) Next 10 Prev Next

Send PM Follow Ignore

Followers	94
Posts	1097
Boards Moderated	0
Alias Born	10/04/2017

Willymon

Re: price_and_volume post# 8940

Thursday, 07/23/2020 10:32:46 PM

Thursday, July 23, 2020 10:32:46 PM

PlusOneCoin - Right now governments are printing more money and creating more credit which is devaluing all fiat currency -- US Dollar included.

This is why Nixon took the US Dollar off the gold standard in 1972 - we didn't have enough gold on hand to back the credit the government needed to create.

Bitcoin is free from any government regulation and the supply is limited to 21 million coins. 18 million have been mined and to date, 7 million have already been lost. This means there are about 11 million in current circulation.

The global economy is approx. $2,000 trillion. If we go to crypto in 10 years, then $2,000 trillion / 11 million bitcoin = $181,818,181 per coin.

Probably wouldn't go that high, but hitting 1,000,000 per coin looks easy.

OK. No more bitcoin talk from me.

This is a PlusOneCoin board.

" faber est suae quisque fortunae " The above is for informational purposes only, responsibility for all trading decisions lies solely with the reader.