you can't print bitcoin but you can mine it - which is the same thing, except it is also a huge waste of energy and computer chips
the value of Bitcoin can collapse just like the value of Dollar if people stop believing in it
people used to believe in the Dollar because America had strong economy and strong military - but they might lose this faith
people also believe in Bitcoin because they are stupid - but that belief is not based on anything - literally nothing - of course all religions are based on nothing and many have persisted for thousands of years - one thing is certain PEOPLE ARE DUMBER THAN ROCKS - and that is bullish for BTC
but from that perspective there is more upside to shitcoins that have smaller market capitalization. it would take a LOT of money to push BTC up significantly whereas meme shitcoins can be easily moved up by 1,000% or more.
Dissident Sound
npub1ns…2cgnl
2024-10-26 03:17:20
in reply to nevent1q…0tfl
Author Public Key
npub1nshq4pcyzdmnewg4h8yu6tsuh5t72whzkz5x4wj7t0c0cy7yyrfqq2cgnlPublished at
2024-10-26 03:17:20Event JSON
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"content": "you can't print bitcoin but you can mine it - which is the same thing, except it is also a huge waste of energy and computer chips \n\nthe value of Bitcoin can collapse just like the value of Dollar if people stop believing in it\n\npeople used to believe in the Dollar because America had strong economy and strong military - but they might lose this faith\n\npeople also believe in Bitcoin because they are stupid - but that belief is not based on anything - literally nothing - of course all religions are based on nothing and many have persisted for thousands of years - one thing is certain PEOPLE ARE DUMBER THAN ROCKS - and that is bullish for BTC\n\nbut from that perspective there is more upside to shitcoins that have smaller market capitalization. it would take a LOT of money to push BTC up significantly whereas meme shitcoins can be easily moved up by 1,000% or more.",
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