The question is: When will BTC have the purchasing power of 10K? In other words, when will I be able to buy a regular cheap car with 1BTC?
When I say I want BTC to rise to $10K... I'm talking about $10K in today's purchasing power... not some bullshit inflated $10k that buys you a cup of coffee, that's useless
Exactly, but thats what I want. Also, why would you cash out in FIAT? Isn't the point of BTC being a currency where you buy directly with BTC? Shouldn't you save taxes too?
Let's say BTC goes to 10K out of nowhere in a huge rally in the next 10 years and we all become millonaires. Would you really cash out a big quantity of that BTC into fiat? they would fuck you up with taxes real bad.