How is Bitcoin $20000 or even $100,000 if it is controlled by a handful of whales that own thousands individually?
Don’t get me wrong, I love the tech and principle behind it.
The whole point of Bitcoin was to be decentralized. If I had say 20,000 bitcoins and I put them on sell on some exchange for cheap, the whole price of Bitcoin comes crashing down.
Someone please tell me how it is valuable when a bunch of jerkoffs got lucky hodling since 2011? It should be $0. #Bitcoin
Full disclosure: I own 5.
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Go read and listen to Robert Breedlove, Preston Pysh, Vijay Boyaparti, Nick Szabo.
All the information is there. This is a wealth transfer to anyone who is curious and willing to learn. Ignore at your own peril. The train is leaving the station.
Bitcoin is hope.
The whole value of bitcoin right now is FADy speculation, aka gambling.
What did you expect?
The whole value of GOLD right now is FADy speculation, aka gambling.
What did you expect?