WilRo on Nostr: Well that's definitely incorrect you are only focusing on the ngu and not what's ...
Well that's definitely incorrect you are only focusing on the ngu and not what's going on in the world. The dollar is becoming weaker as we speak and nations are moving away from it and looking for a currency that will allow them to transact without sanctions or other governments devaluing their money, in this case the dollar. You also forget that it's still VERY early to say it has mature is incorrect as it's only at 1 trillion market cap. In addition Bitcoin is not a stock or a security, it's an assets that is scares with a limited supply. The Governments have no choice but to print money and when the dollar is devalued hard assist will inevitably go up. There many other world factors that will increase it's market cap but as Satoshi said if you don't understand them I don't have the time to explain it to you. In other words, you should do more reading on Bitcoin.
Published at
2024-09-07 13:33:22Event JSON
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"content": "Well that's definitely incorrect you are only focusing on the ngu and not what's going on in the world. The dollar is becoming weaker as we speak and nations are moving away from it and looking for a currency that will allow them to transact without sanctions or other governments devaluing their money, in this case the dollar. You also forget that it's still VERY early to say it has mature is incorrect as it's only at 1 trillion market cap. In addition Bitcoin is not a stock or a security, it's an assets that is scares with a limited supply. The Governments have no choice but to print money and when the dollar is devalued hard assist will inevitably go up. There many other world factors that will increase it's market cap but as Satoshi said if you don't understand them I don't have the time to explain it to you. In other words, you should do more reading on Bitcoin. ",
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