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Re: ls7550 post# 45697

Saturday, 11/13/2021 3:26:10 AM

Saturday, November 13, 2021 3:26:10 AM

Post# of 47105
Is7550

The tulip bulb mania lasted 3 years....1634 - 1637 then utterly collapsed. Bitcoin is 12 years old and has suffered 3-5 drops around 70-80%, yet overall has averaged +171% per year since inception. Tulips are a plant. Bitcoin is technology.

Can we put the Tulip Bulb analogy to rest now? There is no comparison. To suggest their is any similarity is ignorance beyond reason for people to lazy to do the research and understand the facts.

Governments all over the world are beginning to embrace Bitcoin, starting with El Salvador, the Ukraine and likely Brazil, and many African and third world nations. They will not only see it's usefulness as sound money compared to their corrupt hyperinflated currency controlled by corrupt government officials but will see the value of tax generation. They will see that banning it will be like banning the internet and leave their economies crippled and weak as all those that reject better technology.

Acceptability, availability and ease of use are all on the rise. Any review of on chain metrics will clearly identify the facts of this.

The question is why do you deny these facts and have such a negative bias in the face of these facts? What is it that you fear? Do you simply hate the loss of government control over your individual freedom? You rely on them that much and prefer they dictate your financial or other matters that effect your freedom and individuality? Do you feel government knows best and that socialistic or communistic philosophy is best? Show me when in the history of this planet that it has ever worked?

Bitcoin and blockchain technology were created to lessen or eliminate control by corrupt government officials. The natural order is freedom not subservience.

No matter your bias, it has not faded and will never fade into a dark corner. It is a light that may actually save you and those like you, from yourselves.

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