1 sat \ 0 replies \ @BLOCKNERD 25 Mar 2023 \ on: Can Bitcoin reach $1 million in 90 days? Expert analyzes Balaji's forecast bitcoin
Impossible. Bitcoin reaching 1 million would mean we took over the financial system. Which will take years
@darthcoin I love that you are posting this, adoption and education is very important and it’s super that you are making effort to create more awareness and to call for action for more meetups. Yes please!! If anyone needs help or advice on how to built up a bitcoin meetup and community feel free to contact me! I love to help 🙏
Im hosting this event with somebody else and we will be doing this 6x a year. the first edition was in January and very successful. We had a blast. In 15 March the second edition will be hosted and we welcome all bitcoiners normies to come and join us. It’s a free event for bitcoin enthousiast and or anyone who want to come and learn about bitcoin . De eerste Bitcoin Only meetup in Zaandam! | Spring Edition https://meetu.ps/e/LQ9lt/ZDqC7/i
I think the idea of possibly scaling to 42. million bitcoins is more damaging on halving the price / value of bitcoin then govermental or other entities attacks , it could lead into loosing trust or integrity . quantum computing is also not a completley sealed off risk , as we only know when quantum computing will get succesfully realized
the only way is to break the internet away. Bitcoin is built resilient, it’s decentralized. but even if they do hypothetically, they can never ever take away the idea. damage is done. If we loose we bring back the whole wold to an prehistoric era. No capitalist or government is that stupid. the cost will always outweigh the effect. Trying to break bitcoin from the inside will only accelerate new solutions actually speeding up the adoption and integration on global level. This is why it’s a revolutionary invention. This is why in essence it’s also scaled and propositioned as a digital gold. With lighting bitcoin created a second usability and scale taking care of speed of light payments outperforming traditional banking. Where centralized banking never reinvented their own technology for the past 50+ years. Bitcoin answered that perfectly and it will only get better. Just build build build and trust . Because we decentralized trust with e.g. fairness protocol making sure we will and won’t have to keep enduring lies and suppression of a world dominated by psychopaths . Choose. Bitcoin is selfregulated by code, it it does not have to obey. If you let your mind get poisened by old traditional thinking yes then sure , you could think of 1001 ideas why it could fail. I think that’s more a cognitive trauma then a tech that goes far beyond traditional thinking. And that is exactly why banks (one of the most powerful entities ) until today still cannot take btc down. And they know it. The government knows it. It’s useless , spreading FUD and useless attacks and building CBDS only shows how scared and powerless they are. If you understand btc well, you know cbds are no threat. Fear is not really a good teacher , focus on facts and once again, keep building 🫶✌️
@sn Thank you 🙏✨ KEEP HODL-Ing!
I think when people start to understand that on one side bitcoin consumes energy it will certainly will make a big correction when we exclude unnecessary money stealing suppressing 3rd parties / intermediaries (the ones spreading all the FUD because their own existence is on the line) on energy consumption , besides we all need to drive electric cars, have phones and computers that needs to be charged, and it’s not going to get any less. also to be honest , this whole energy transition and discussions are there for years since we started building up the whole sector in human history, they were also not the cleanest producers yet became very big, the one 1% capitalists didn’t give a f* about clean energy the proof is there, with still so many dirty polutive factories building a misleading consumer market , they just wanted to make as much money they could get; so I would say bitcoin pushed governments and this group to innovate and to be more honest about all the possible ways we could produce more and clean worldwide. the whole C02 discussion was long before bitcoin alive and pumping.
If you have your keys, you should be able to to open this is another Wallet also right? if the bitcoin is assigned to your keys the should not be able to double spend your bitcoin right ? 🤔
Healthy correction in the ecosystem. Which is necessary in innovation for maturity and growth. Evolution. Something that has been a revolution since day one worldwide , making the current obsolete will create cause an effect. The effects of the innovation is one of the deepest in human history. Were one rises, other fall. Meaning it’s supposed to be a bloodbath. It’s a survival of the fittest mechanism. Bitcoin is built resilient.
Bitcoin safed my life. And that is true for a lifetime. If I could it encrypt my keys into my dna it will still be with me travelling off to far far away - beyond pathetic elons interplanetary raw materials stealing options , pay Alien species with bitcoin ⚡️
its decentralized it’s not possible , you don’t need an Hayek to understand that. Understand bitcoin. Works better.
Decentralised is Decentral by design.
Blockchain is revolutionary by decentralised design.
Then how can a centralised CBDC design be scary if it's a centralized design?