Bitcoin, page-1222

  1. 6,316 Posts.
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    And for good reason.

    More people who are ignorant will come out of the woodwork and call it a scam.
    That's where social media and governments play their part in spreading complete utter disinformation and lies about the nature of Bitcoin.

    The fact is, the Genie is out of the bottle.
    Central Banks do not have a plan B.
    Governments are caught between a rock and a hard place with their obsession with Fiat.
    They can try to ban Btc.
    But it won't work and they know it.

    Try telling that to people of countries like Argentina and Venezuela where their livelihoods have already been ripped out from underneath them
    because of their corrupt governments. Without Bitcoin they couldn't survive. That is just two countries that come to mind.

    Michael Saylor sums it up best.
    Bitcoin is mathematically perfect.
    Scarcity of 21 million that can be divisible to infinity without inflation.

    That is the direct opposite to Fiat.
    Print more and inflation kicks in.
 
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