Bitcoin is not the World Currency (yet?).

At present it is much more a store of value than a currency and, for it to be a currency, the LN or other solutions will have to be improved, since nowadays the fees and the waiting time make it impracticable.

In theory, after it becomes established as a store of value, which it is already doing, it could become a medium of exchange, and finally a unit of account, so that everything would be referenced to Bitcoin. If we reach that point, we will be able to talk about Bitcoin as the One World Currency.

Very interesting. It makes sense, because some time ago, even if people believed in the future of Bitcoin and its fundamentals, they were not so sure. Today people in general and also some institutions are clear that Bitcoin is part of our society and there is no stopping it. It is also expected to continue to increase in price. So, the holding behavior is a logical consequence.

Sorry but you seem to be blaming us for your Bitcoin being stolen and nobody is to blame here. Threatening that you are going to commit suicide (after 2 years) is not going to solve the problem either, because we can't do anything and those who stole your Bitcoin don't give a damn.

I was going to say something similar. Bitcoin today is primarily a store of value: it makes much more sense to save it than to spend it. So why are workers going to collect their salary in Bitcoin if they are going to spend it? Only a select few can save it, as you comment. Spending a financial asset (which today is not a currency) when everything indicates that in the coming years it will continue to rise more and more does not seem very smart financially speaking.

You can see that if he had not received the vaccine, he would have lived another 99 years, lol.

I am not going to pay tribute to him because I am against the monarchy. It is an antiquated institution of privilege based on inheritance or marriage and not on merit. Although I have nothing against him personally, so may he rest in peace.

A trillion dollar asset going to zero? I don't think people ask that kind of question with similar assets? Will silver ever be worth zero? Will google someday be worth zero? If we talk about 100 years from now maybe because you never know. But if we talk about nearer futures it is practically impossible. It is much more likely that its value will reach $1M and more.

I agree but what I don't know is why you put the focus on the doormen and not on the giant black man who attacks the old woman without her having done anything to him.

I was not aware of what is going on with the asian hate, and I see that in many cases they are young and strong people who attack old people, to top it off many times from behind which makes them cowards.

Yes, lol! The media make a living out of causing emotions in people. I believe a $100k to $200k prediction in this cycle falls within the average of those I have seen. It will be that the mainstream media has not yet caught wind of the supercycle theory, which predicts a $1M top for this cycle with hardly any falling into a bear market.

Those who think that the taxes are going to be paid by the rich, when in reality the middle and working classes bear the brunt of the tax burden. Yelen must be desperate. She knows that tax hikes often result in lower revenues, which is why she is making this move. Basically, what they want to do is to continue squandering money and not have any consequences, but they cannot.

Can you back that up with anything? Because it sounds like a pretty fat lie, and I don't like Biden at all.

If 80% of Americans had voted for Trump, the scandal would be such that they wouldn't have been able to cover it up. Or I don't know if you mean that naturalized immigrants or second generation immigrants etc. are not Americans.

While this is good news, I believe that for Bitcoin to go mainstream as a medium of exchange, if it ever happens, there is still a long way to go. At the moment it seems to be succeeding as the best store of value in the world, which will be confirmed when it surpasses the market cap of gold, and there is still time for that. But the next two phases, which would be to become a medium of exchange and a unit of account, we will not see for many years if they happen.

I haven't seen any reliable predictions that less than $100k and it's one thing that makes sense if we look at how things are now, especially the supply-demand ratio (Unreliable predictions would be nocoiners and haters saying it's going to go to 0 and the like).

I understand the title of your thread but when you go on to explain it I don't understand you very well. It seems to me that you beat about the bush. I would summarize it in that if in the future you want to be better off financially than you are today, whether you want to be rich, a millionaire or simply have economic stability, what you have to do is invest in financial assets. Since we are in a Bitcoin forum, to say that the best seems to me the Bitcoin, but try to have at least a paid house, and you can add something from the stock market, stocks or mutual funds.

Anyway, buy assets. If you want to be poor, just spend all the money.

LOL. I don't know if it is true, but it sounds plausible because after all this is what usually happens with much of the money printed in this money-debt system we have: it ends up inflating the price of financial assets.

It sounds too good to be true to me. There are too many economic interests at stake. Do you think that after everything that has happened, they are going to recognize that 95% of the people do not need the vaccine? Not a chance. The pharmaceutical companies are going to sell vaccines like crazy.

I expect that during this quarter the companies that bought Bitcoin in the first quarter will start coming out and this will have a positive effect on the price. Let's remember that Tesla did not disclose the Bitcoin purchase right after it was made, they did it after the fact and that is how it will be with the other companies.

What I hear here is the victim mentality I was talking about before. No. There is no slavery because people are free to leave that job and look for another one. And there are many more opportunities nowadays. In Ancient Rome, people din't have computers and cell phones with which they could generate income, or invest.


Yes you are exaggerating quite a bit, lol.


No, I don't agree with those practises, I think the authorities/regulators should do something about it.

I hope that the law is passed. It could be huge. We would enter another phase: from seeing whether Bitcoin is recognized or not to people being able to see jobs being created in their region around Bitcoin. I was familiar with Wyoming, but I think that Texas may have more impact because it is one of the most job-creating states in the USA and it also tends to facilitate the creation of new companies, with few regulations, etc.

Txs. Where do you look at the data? I was only using this web. Just in case this happens again.

I've just checked https://mempool.observer/

Is this wrong?



The mempool doesn't seem to have saturated with many transactions since the last block was mined, so I doubt if it's a web error or what.