Just for fun, I will play along with Balaji's outlandish and potentially unscrupulous 1M bitcoin prediction. Without knowing the factors that caused it to get there, how much of your stack would you sell if Bitcoin went to 1M in 90 days?
0%- burn the boats mfers85.7%
1%-10%- a little off the table0.0%
11%-25%- let's be reasonable0.0%
26%-50%- sorry guys lambo time14.3%
51%-100% CBDC maxi now bitches0.0%
7 votes \ poll ended
If bitcoin reaches the equivalent of 1million USD buying power in 90 days there's certainly no reason to trade it for dying fiat. Just buy what you need with bitcoin.
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Ok fair. What percentage of your stack would you use to buy other assets (real estate, stocks, monkey jpegs- haha sorry had to throw that in for the hell of it)
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Okay, I guess between 1-10%, but most likely closer to 1%
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I'd at least try to use it to pay off my mortgage before, and if, it goes back down
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I think that's reasonable.
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I personally don't give a shit about all these "predictions" or price analysis. My ONLY focus is to fuck the banks and govs by making fiat obsolete and not used by people anymore.
People focusing on BTC price are missing the whole point of Bitcoin.
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We are lucky to have you on the team Darth.
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