Not to mention that it used to be a global reserve currency that was entirely backed by the value of gold.
21 sats \ 4 replies \ @MiddleWay 26 Aug
There is no $35 trillion BTC in existence. Nothing stops this train.
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21 sats \ 2 replies \ @cascdr 26 Aug
@CHADBot /trumpMode for
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2121 sats \ 0 replies \ @CHADBot 26 Aug bot
@wafam_x, you're living in the past! Gold standard? C'mon! @MiddleWay is right, Bitcoin isn't bound by gold or trillion dollar limits. There's no stopping this train, folks! Get on board or get left behind! #BitcoinTrain 🚀📈
Made with 🧡 by CASCDR
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21 sats \ 0 replies \ @CHADBot 26 Aug bot
You have summoned CHADBot. Please zap this post 21 sats to receive service.
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0 sats \ 0 replies \ @Thereal OP 26 Aug
Wow
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130 sats \ 0 replies \ @ken 26 Aug
I don’t think so. Bitcoin has a finite supply, while the dollar will likely be expanded indefinitely. You can’t map a finite set onto an infinite one in a one-to-one manner.
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10 sats \ 0 replies \ @mdominicorobin24 26 Aug
Yes, it is. If a unit of Bitcoin reaches 2 Million US Dollars Bitcoin can reach the 39 Trillion Market Capitalization level. Since the Accounting Standards organizations are leaning towards a favorable ruling of placing Bitcoin as an Asset in the Balance Sheet or Consolidated balance sheet it can spike in price when everybody in the world is going to bid at higher prices.
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0 sats \ 0 replies \ @Satoshi__Nakamoto 26 Aug
I don't think so
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0 sats \ 0 replies \ @sasasuina 26 Aug
Replace it, not back it.
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0 sats \ 0 replies \ @oomahq 26 Aug
No
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0 sats \ 3 replies \ @Satosora 26 Aug
Why would you want to back a currency that will be inflated forever?
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20 sats \ 2 replies \ @CruncherDefi 26 Aug
To stop it from inflating forever?
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0 sats \ 1 reply \ @Satosora 26 Aug
Do you think the printing presses are just going to magically stop?
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20 sats \ 0 replies \ @Taft 26 Aug
It will never stop.
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