Bitcoin milestone from video game currency to corporate reserve currency in ten

[SaiyanSS3]

Bitcoin milestone from video game currency to corporate reserve currency in ten years

2010: bitcoin is a peer to peer currency to purchase digital goods, mainly anime, video games, and porn

2021: corporates are rushing to get btc as reserve, severely tarnish US dollar as world reserve currency status. America companies are borrowing millions to buy bitcoin. One company borrowed $100 millions to buy bitcoin. We have reach a point where you have to do whatever it takes to own bitcoin.

The death of US dollar is near. Stop living in denial, if you still think spending all your worthless money is not a financial advice and the best one!! Think again!

End of story. Ciao!

[iamsheikhadil]

Well, that's how important things grow, doesn't it? An important idea and technology is like a virus and it grows and gets adopted! When Facebook started, Mark only created it for connecting his school peers but now over a billion people use it! That's how things grow and happen! It's lovely! Bitcoin will grow more for sure, and it makes sense to not to take it as a joke or bubble now, and critics are slowly going away as they see its success

[so98nn]

Not that much surprising, since bitcoin adoption is at its peak level right now.

But, would love to see a link for the reference. Which company bought 100 million worth bitcoins? That's big amount it should have been in the news by now and in addition to this, it should have given good pump to the market as well.

US dollar won't die with the bitcoin adoption, it will just be shared with other dimension and be used concurrently.
BTC is traded in all the global currencies, so lets not put it all on USD.

[zanezane]

I wouldn't say that dollar is dead because a lot of countries interest are going down in shambles when dollars are going to die and I think that they are going to conspire keep that dollar alive. In years time, I am sure that the prices are going to go up for a lot of cryptocurrency and not just bitcoin that's why I am trying to hodl as much as I can before it happens.

[TheUltraElite]

OP, we know you will not respond to the replies here because you were high on weed when you wrote it still, you cant have an absolute in this world.

No currency is going to "die" - currencies are non-living. If people reduce its use, then the popularity will be low. To completely stop its use, the alternative needs to be full-proof with pros and no cons. Sadly this is not a ideal world and everything has its pros and cons.

Use of bitcoin seems good but there will be some cons which fiat can fulfill. Both of them complement and supplement each other, one does not exclude the other. In countries where bitcoin is still beyond knowledge fiat will be used for a longer period. Not every country out there is liberal enough to accept bitcoin's trade and daily use.

[davis196]

1.I don't think that Bitcoin was that much adopted back in 2010.
Probably a few tech geeks knew about BTC and were actively mining BTC on their computers.
Buying digital stuff and porn with Bitcoins back in 2010?Nope,not really.
2.The US dollar isn't dead and it won't die.The US dollar will exist as long as USA exists.
3.Being adopted by a bunch of corporations doesn't make Bitcoin a "corporate reserve currency".

[Poker Player]

You have made a good mini summary, I would say. What I don't agree with is that

The death of US dollar is near. Stop living in denial, if you still think spending all your worthless money is not a financial advice and the best one!! Think again!

I know some announcing the death of the dollar, Max Kaiser, for example, but even Saylor, who was on that line, lately I have seen him saying that the Bitcoin will survive and that the ones that will disappear will be more inflationary currencies of countries like Argentina or Turkey.

If things get too far out of hand, they will end up raising interest rates, no matter how much it could negatively affect the stock market and economic growth.

[Ucy]

I wonder who makes a shoe and write on the label: "not for sinners"?
It was created for people to use. just as fiat was  meant to be use by people, without rules on what they should be used for.
Maybe in the future we can have feature to help us mark and avoid coins used immorally by sinners?

[SaiyanSS3]

>>
>Well, that's how important things grow, doesn't it? An important idea and technology is like a virus and it grows and gets adopted!
its harsh to call it virus, nope, tech is enriching the life, the subhuman who call them virus is trying to stop the disruption, they’re always the villain but people are too blind to see that.
>When Facebook started, Mark only created it for connecting his school peers but now over a billion people use it! That's how things grow and happen! It's lovely! Bitcoin will grow more for sure, and it makes sense to not to take it as a joke or bubble now, and critics are slowly going away as they see its success
a lot more great products didn’t come to the market as a result of unwillingness to change, it’s a sad reality we have to resort to disruption to make changes

>>
>Not that much surprising, since bitcoin adoption is at its peak level right now.
But, would love to see a link for the reference. Which company bought 100 million worth bitcoins? That's big amount it should have been in the news by now and in addition to this, it should have given good pump to the market as well.
yeah, the news is everywhere, $100 millions won’t be the last big purchase, remember some even bought $2.6 billions worth?

>US dollar won't die with the bitcoin adoption, it will just be shared with other dimension and be used concurrently.
BTC is traded in all the global currencies, so lets not put it all on USD
I’m bore to people blabbing, Greece won’t die, rupiah won’t die, rubble won’t die, won won’t die, yen won’t die blah blah blah, they’re so boring.

>>
>I wouldn't say that dollar is dead because a lot of countries interest are going down in shambles when dollars are going to die and I think that they are going to conspire keep that dollar alive.
I’m more intrigued by the amount of irresponsible advices given telling people dollar didn’t died, telling the kool aids tape on the leaking water tank would have substantial or no material changes to the monetary value, all of them are criminals, they steal the gold from us, now steal from us again!

>In years time, I am sure that the prices are going to go up for a lot of cryptocurrency and not just bitcoin that's why I am trying to hodl as much as I can before it happens.
It’s all a natural occurrence, you call economy is a science? Yeah, the science is doing it’s magic before you, aren’t you too blind to tell that? You can’t tell which one is science and which one is fictional?

>>
>OP, we know you will not respond to the replies here because you were high on weed when you wrote it still, you cant have an absolute in this world.
wrong, I’m more disheartens by the amount of denial commentators given, that they want to reinforce the beliefs their saving on dollar is as solid as pre-covid on its purchasing power. Nothing could hurt more than their beyond hopeless stubbornness on refusing to change.

>No currency is going to "die" - currencies are non-living. If people reduce its use, then the popularity will be low. To completely stop its use, the alternative needs to be full-proof with pros and no cons. Sadly this is not a ideal world and everything has its pros and cons.
No currency has dead in the past? That’s some blatant lies! I know I can easy tell a few dead currency from the history books, in the past few thousands years many currency had died and never come back to life.

>Use of bitcoin seems good but there will be some cons which fiat can fulfill. Both of them complement and supplement each other, one does not exclude the other. In countries where bitcoin is still beyond knowledge fiat will be used for a longer period. Not every country out there is liberal enough to accept bitcoin's trade and daily use.
Yeah your bs, is as bad as the dead currency from the past that everybody else have forgotten.

>>
>1.I don't think that Bitcoin was that much adopted back in 2010.
Probably a few tech geeks knew about BTC and were actively mining BTC on their computers.
Buying digital stuff and porn with Bitcoins back in 2010?Nope,not really.
hahahahahahaha, it has been used to trade anime video games and porn forever, even today, nobody mention some even bought pizza with bitcoin to you?
>2.The US dollar isn't dead and it won't die.The US dollar will exist as long as USA exists.
Yeah I would trust you, as much as a religious telling everybody god can come back to life after dead
>3.Being adopted by a bunch of corporations doesn't make Bitcoin a "corporate reserve currency".
some of the best of the bs, corporations is the stronghold of the entire economy, you think blue chip is worthless than a US dollar? Hahahahahaha

>>
>You have made a good mini summary, I would say. What I don't agree with is that
I know some announcing the death of the dollar, Max Kaiser, for example, but even Saylor, who was on that line, lately I have seen him saying that the Bitcoin will survive and that the ones that will disappear will be more inflationary currencies of countries like Argentina or Turkey.
you don’t need them to tell you the thing that’s too obvious, they’re just trying to remind you, they’re not trying to chill and do nothing about the chaos, they are trying to save you! But you are beyond hopeless!

>If things get too far out of hand, they will end up raising interest rates, no matter how much it could negatively affect the stock market and economic growth.
you are trying to say, US dollar is different this time, it wouldn’t die again just like all the old currency because they’ve know the future!

[Kakmakr]

Do not "over" sell Bitcoin's success as a currency... because it is mostly used as a "Commodity" these days. The institutional buyers of bitcoins are doing this for an investment and to make profits. We can only say it is successful as a currency, when large companies like eBay / Amazon etc. start accepting it as a currency.

Also, when the governments see that Bitcoin is going to be a danger to their reserve Fiat currency, they will regulate it to death. This is possibly what is going to happen soon in the US, with butthurt Yellen going all out to take revenge on "The Bitcoin guy" that sabotaged her speech. 

[Obito]

I wasn't part of bitcoin in the beginning but I gotta say that it is pretty awesome that I was able to witness it's growth over the years, the ups and downs of the market prices and the rally of the latest bull run after the halving. I hope that people are going to be able to appreciate and consider bitcoin because it is a growing trend and adopt bitcoin.

[Findingnemo]

In other terms, from Pizza coin to Billionaire coin!

Who would ever thought that bitcoin can reach 60K from zero in just 10-12 years?

It seems Satoshi is a time traveler that's why he knows that his idea got potential!

[slapper]

The death of US dollar is not as near as you think. Even when bitcoin gets on mainstream, USD is still one of the dominances because many countries still depend on it. But it is not doubt that bitcoin will decrease the power of the US as well as any centralized government, especially those dictators. New technologies do not necessary to replace traditional entity. When they meet each others, they can either cease to exist or coexist for the better society

[sheenshane]

I think the $100 debt to be converted to Bitcoin must be in the news as that fund is too controversial to be moved out from dollars to Bitcoin and I think this one before we make healthy arguments should at least have one source of information. (A simple website link will do).
I just wonder if this is true, how the heck did this company able to lend $100M in the bank and have the guts to publish that it will be converted to Bitcoin.

But going back, Bitcoin is actually a good alternative to be considered as a reserve.  As people always said, (I mean all of the professionals in finance), Bitcoin is inevitably growing and will stay there especially when nodes are flown to space.  So it might this is the best time to say that Bitcoin Community wins it.

[Lucius]

The death of US dollar is near. Stop living in denial, if you still think spending all your worthless money is not a financial advice and the best one!! Think again!

Of course, President Biden will send all his dollars live to Coinbase and exchange them for crypto, and then immediately transfer BTC to his White House hardware wallet

Anyone who thinks that the world's greatest power will give up its financial sovereignty so easily lives in a world of fairy tales and great delusion. If necessary, the US dollar will be defended by force (military), and we should not even talk about that economic force, it is always present.

But, would love to see a link for the reference. Which company bought 100 million worth bitcoins? That's big amount it should have been in the news by now and in addition to this, it should have given good pump to the market as well.

$100 000 million is not money that is currently affecting the market the way you think, especially if it is a company that is not globally known. You obviously missed a lot on the forum, but here are all the investments (the ones that are publicly known) in one place, enjoy reading

https://bitcointreasuries.org/

[BrewMaster]

2010: bitcoin is a peer to peer currency to purchase digital goods, mainly anime, video games, and porn

it seems like you are trying to change history!
bitcoin was never a "anime, video games, and porn" currency specially not in 2010. there were pizza purchases, drug purchases and investors though.

2021: corporates are rushing to get btc as reserve, severely tarnish US dollar as world reserve currency status. America companies are borrowing millions to buy bitcoin. One company borrowed $100 millions to buy bitcoin. We have reach a point where you have to do whatever it takes to own bitcoin.

you are also exagerrating here.

The death of US dollar is near.

now you're just crazy.
i have said it many times that US dollar is losing both its value and position in the world but it definitely not dying.

[bitgolden]

2010: bitcoin is a peer to peer currency to purchase digital goods, mainly anime, video games, and porn

2021: corporates are rushing to get btc as reserve, severely tarnish US dollar as world reserve currency status. America companies are borrowing millions to buy bitcoin. One company borrowed $100 millions to buy bitcoin. We have reach a point where you have to do whatever it takes to own bitcoin.

The death of US dollar is near. Stop living in denial, if you still think spending all your worthless money is not a financial advice and the best one!! Think again!

I have been here for a very long time and I can tell you that it was never used for buying "anime video games and porn" as a general reason. Sure there could be some few people here and there, but it was never for that and I have never seen that be the reason for anyone at all, doesn't mean they didn't exist but it must be a very very tiny amount of bitcoiners who used it for that if I never saw even a single person doing that.

Usually it was for technological stuff, I can understand if you said it was used for drugs, because during high times of darknet bitcoin was used wildly for drug selling and purchasing and people literally moved merchandise over nations using that. Moving from a drug money to corporate money doesn't really mean anything to me, drugs are not nice, corporations are not nice, both could be reason as long as it is making the price go up.