at this point I don't see an upper limit for bitcoin where…
at this point I don't see an upper limit for bitcoin
where will people put their money as inflation starts to take its toll on the economy?
what will they sell their bitcoin into? cash?
Replies
The limit of bitcoin is $57,142.86 but it will never be reached.
If Bitcoin is a success then most people will be holding their Bitcoin in equity in local small businesses
Worst case?
A centrally controlled digital (world) currency.
Several seem to be in the works.
And that is probably the reason bitcoin was slowed down so much.
Great reset incoming.
Highly restrictive on-ramps have gotten far worse. Bitcoin may be worth more now but I remember ATMs without AML/KYC and localbitcoins, changelly and shapeshift. The IRS, DEA, etc will make users feel like criminals, drowning even lawful ppl in paperwork
"This was really like the most existential struggle I’ve ever dealt with in my life. This was dismal news for me, you know a dismal realization and conclusion to come to because we knew that it would be bad for our customers."
-Voorhees, Shapeshift.