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Mr Copper

Posted by goldielocks @ 13:04 on March 9, 2021  

Well look at it this way. What ever dollars you have be Juan Yen Usd Euro more can be printed and just like poorly managed stocks diluted.
Bitcoin cannot be diluted or shorted. Unless hacked no one can just reach in and take it because they don’t like what you said or didn’t comply to or who you voted for like they did to the Tea Party and apparently with that 1.9 billion pretty much fake relief package the demos will want to fund more of our money to the IRS to try again.
It’s a safe haven. Look what happened when China tried to ban it. It went up. Just because they ban it in one country doesn’t mean they stop it like they can gov money.

Now you can even make money off it by lending it I think kinda like call options so it’s growing and other coins are becoming interlinked but not all. Cant trust every new one that pops up anymore than shell operations.
Say you got some country they needs money and doesn’t want the political or fiduciary manipulation that goes with it Bitcoin would serve the purpose and wave thank the country who banned it as people move their money towards them.
So it’s just a alternative dollar away from greedy hands and currency manipulation. Even gold and silver can’t prevent manipulation but like gold in silver in some respects just Bitcoin if it was manipulated in one country it can go up in another.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.