but no one has answered my question. How will Bitcoin likely trade once LIQUIDITY COMES OUT OF THE SYSTEM.
the US cannot print money forever. What has been done in 2020 alone, will likely never happen again in anyone's lifetime who is over the age of 10, barring an actual world war, nuclear, attack, of act of God.
you do understand what i am saying right?
endless stimulus--forget that
Governments will be collecting this money back in tax hikes, Bitcoin cannot escape GOVERNMENT 100%
tell me what would Bitcoin be valued in if the US government changed its monetary system completely. What if they implemented a "currency reverse split" for every $100 federal reserve note you have now, it will become worth $10 Congress Notes, or Presidential Dollars?
only the US mint can print money and coinage, there is no law that says they cant change the money supply. There used to be BANK NOTES for each state back in the 1800s and very early 1900s.
GOVERNEMT giveth and GOVERNMENT taketh
remember, they made it illegal to own gold. The US government or any government for that matter, can MAKE BITCOIN ILLEGAL in its country. That can be made into law, will it who knows, but they have that power, do not underestimate them.
The US government can make Bitcoin in the US worthless with use of a pen.
THE PEN is MIGHTY, its one tier below GODLINESS
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