Bitcoin (BTCUSD): Very true. How could and why would a wo...

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Re: TheFinalCD post# 37510

Sunday, 12/18/2022 8:45:19 PM

Sunday, December 18, 2022 8:45:19 PM

Very true.
How could and why would a world move into a monetary system where the majority of bitcoin is already held in such a few hands. These individuals would be, beyond kings.

Why would global governments peg their monetary system to bitcoin which is already concentrated by a small group outside of the existing power elite?

Bitcoin will probably be driven completely under ground in time.

And, if someone has bitcoin on a nano, or any cold storage, it wouldnt be allowed to be plugged into what ever the global platform becomes.

Their will be a sweet spot, imo, bitcoin will rocket up over 100k then be outlawed globally.

During the last great bitcoin run, best to cash it in while you can, trade it for cbds and other assets while possible.

I'm still 50/50 that bitcoin makes another big bull run, I think the game might be coming to a close.

I hope not though