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TheBitcoinBattery
TheBitcoinBattery@primal.net
npub1kl8a...q497
Bitcoin is going to fix everything. Don't worry, keep calm and stack sats. Don't understand why? Study markets, money, and history. Start here: Bit.ly/StudyBitcoin
Watching old Star Trek episodes a bit lately, funny how they thought it would take hundreds of years to get to talking computer databases and mobile tablet computers and yet it took only about 60 years. Technology grows exponentially, while people look at it linearly. They expect if the growth was $50,000 in the last year that growth will be $50,000 in the next year when this is not the case. Few forsee Bitcoin reaching $1 / Sat parity within a decade, but I do. 10x every 3 years is the long term trend. As those who have seen my previous posts know, 2020 - 2021 saw minor and major hiccups in the long term trend and set us back about 2 years. We should be $440k right now, we will be within 2 years. Despite the hookup the trend is continuing. I expect we'll reach $0.01 / Sat within the next 3 years, $0.1 / Sat within 6 years, and $1 / Sat within 9 years. It'll take most by surprise, that's the nature of things. image
Similarities between Bitcoin, Gold, and Silver: 1: Assets without issuers. 2: Decentralized new production. 3: Difficult to produce. 4: Self custody is possible, be your own bank. 5: Hodling doesn't passively support FIAT government and all its "benefits". 6: Hedge against economic uncertainty. There are others too I'm sure. In addition they both have pros and cons depending on the situation. For instance if you temporarily can't access one stack, you might have access to the other. I think any long term Bitcoin user should have 1% of their worth in Gold/Silver, for hedging against unknown unknowns, like as a physical emergency fund. It's also pretty fun to collect coins IMO. ๐Ÿ˜ What do you think?
Starting to think we won't have a breakout top bull run followed by a correction bear market. We're 3 months over due for the start of one compared to 2017's cycle, and even more overdue compared to 2020/21's cycle. Then again, the longer it takes to start the higher the top will be... Only time will tell. Either way I expect $250k+ by Q4 26.
2.7 Billion people don't exist today that otherwise would, thanks to FIAT. Were it not for the FIAT system, the world population would be around 33% higher than it is today. FIAT is a cancer on society. --- From 1950 to 1971 average annual population growth was 1.99%. Since then year over year population increases have continually reduced, reaching less than 1% annual population growth seen every year after 2019. That number is still falling. If we project the 1971 population of 3,769,847,865 continuing to grow 1.99% a year on average until 2025, then the current population would be 10,925,310,300. Divided by the current estimated global population of 8,231,613,070, that is a result of 1.3272. So 32.72% of global current population is thus missing: 2,693,461,068. More than the combined total estimated deaths seen in both World Wars... 25 times over. (85,000,000 in WW2, 22,000,000 WW1) Bitcoin saves our descendants lives, by allowing them to happen at all. Population statistics source: Worldometers.info
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