Why it’s impossible for bitcoin to drop in value

[.*my*.]

These ups and downs that we witnessed with bitcoin are only temporary because, unlike dollars or euro bitcoin is not being printed in unlimited amounts. There is only a limited amount of bitcoin which means that inflation is impossible.

2. there is no other way to exchange money without limits, with low fees and without someone being able to freeze, seize your money or control you.

3. Often people lose their crypto wallets or transfer to wrong addresses. That money is lost forever, which causes deflation.

4. Government control and attempt at regulating crypto will only cause many people to want crypto even more. More interest in crypto will push the prices up.

5. Safe from being hacked. (If you secure it with a hardware wallet)

 

[hebbewem]

The issue with bitcoin is change value all the time so its i stable. So people won't use it as dollars

 

[.*my*.]

The issue with bitcoin is change value all the time so its i stable. So people won't use it as dollars

If inflation continues to get worse people will see crypto as more reliable. higher demand = higher price

 

[ropemax]

Bitcoin is free money, yahooo!

 

[.*my*.]

Bitcoin is free money, yahooo!

View attachment 1977354

if you have the patience to wait and have enough money

 

[ropemax]

if you have the patience to wait and have enough money

We are not ready for crypto. It will go into a coma soon to emerge in a more mature world

 

[.*my*.]

We are not ready for crypto. It will go into a coma soon to emerge in a more mature world

we are ready. the banks and governments are not ready

 

[ropemax]

we are ready. the banks and governments are not ready

Why do you have lizzie in your avi? Wasn't she some reptilian bloodsucker in your lore

 

[.*my*.]

Why do you have lizzie in your avi? Wasn't she some reptilian bloodsucker in your lore

I am not sure what she did and I am not a fan of her politics. But she was a very attractive white woman from a very high class which I find a very exciting world.

 

[ropemax]

I am not sure what she did and I am not a fan of her politics. But she was a very attractive white woman from a very high class which I find a very exciting world.

She was mtb tbh