Topic: The real reason I got into bitcoin (Read 832 times)

It is better when deciding to enter the crypto world, we must do research first, so that we can make sure that the decisions we make are right.
So when we have problems when investing in Bitcoin, we don't panic easily, because we already understand the risks we will bear. People who are
always careful in making decisions must think knowledge is very important. So I believe people who have knowledge, it will definitely be easier to
make a profit when investing in Bitcoin. Because they have already learned about Bitcoin, before deciding to invest in Bitcoin.

I got into Bitcoin when I realized my government had nothing to offer to its citizens anymore. And I needed job, so the only hope I could possibly think of is making money through the Internet and in a legit way, maybe doing a freelancing job or building my personality of becoming an influencer on the Twitter or IG social platform. But instead, my attention goes directly into investing on Bitcoin and every other coins I could possibly think of at the moment after getting recommendations from a friend.

Thanks to him though

Thanks Bossman, Fo keng to im gut as well.

"Fo keng to im gut"

dunno belter for "keep stacking" though

btw best show since babylon 5 imo

edit merited for that scene in your gifs. good stuff

The more you share, the more your bowl will be plentiful. I think your are definitely a Belter, one of mine kin.   





I do not believe in karma, I am more incline to think that the things you get into expose you to possibilities. I got into the internet early and that exposed me to the possibility of earnings while studying... and it was not that far the chance of getting into a start-up when these did not even have a name. I also learnt about cryptography and became a self taught (average) programmer which allowed me to get an scholarship. Bitcoin would have been a natural path for me, yet by that time, all I could read was adds and stupid comments about it... too bad for me

Geez, that sounds like the list of reasons anyone would have said when they got into an MLM on Ponzi. No offence, but I guess I know why people are complaining on reddit or forums when they say people look at them funny when they talk about why/how they got into Bitcoin:)

Nothing wrong with that of course, I also have similar dreams. But that's not really how I got into it. I wanted to gamble;)

I have a habit after receiving a reward from a bounty, I will set aside a little of what I earn to put into BTC. and after a few years, I got ATH yesterday. this is very fun even though it does take quite a long time.

the main reason is of course because bitcoin has a very lively trade. for that looking for profits in daily trading is very easy. for those big capital holders, I believe bitcoin day trading is more profitable than long-term hold.

1st a quick background: for years i had donated my CPU/GPU computing time to free, worthy (in my eyes) causes like SETI and Folding@Home. so i was used to building and running computers for compute intensive projects. running multi gpu setups was second nature at that point. for free.

so in 2011 so when i found bitcoin and actually had the possibility of paying for electricity and the GPUs (long shot but hey if it didnt it didnt) i jumped in. read the white paper but at that time most of it was beyond me.. but i did grok enough to understand this could be a game changer. so after a bit of testing on my existing setups (old folding cards that were at the end of their usefulness as far as PPD was concerned) i jumped in and bought a HD6870 for mining. later i added some HD5830s.

btc crashed from $35 to 2 during my 1st year (2011-2012) but i didnt really care much as i never made money at folding or SETI, just the warm fuzzies. but at that point the folding community started going downhill with infighting and such. so mining btc it was.. mined at a loss for part of a year or two but again, didnt care i was the project that was important, especially once i started understanding the white paper.

and here we are. my "donation" of time during that early period allowed me to retire early. didnt expect that. but ill take it heh.

The main reason I opted in using Bitcoin is when I learnt how secured and safe it is as there is insecurity in my country. People gets robbed day and night for carrying fiat currency about or even forced you to to transact money from your banks to their respective bank.

So since I started using Bitcoin, I carry less cash on me and divorce the use of using of using mobile banking as I always keep my account balance at reading zero balance.

I like you BTC is one of my favorite coins and I am a big fan of it. Thanks to BTC, I became financially free, it feels great when you own your own money and not be controlled by anyone, do you think like me?

My original reason for joining bitcoin is to earn money to have a fuller life, can buy a house, buy a car but my capital is not enough to do that, I want to use my money to invest or what can be profitable and fortunately i know bitcoin through friends, after a while i feel bitcoin market is very good to invest and i started to invest, now i have made a lot of money from this investment.

The reason why I got into bitcoin is to earn money through trading and investing on this digital currency  and I believe all people here have the same reason as me. I don't believe that you just strolling around in crypto space and just watch bitcoins value and demand keep on increasing. People always needs money and bitcoin is one of their way to have it.

Yes very clearly , not only you . I believe everyone and almost everything the reason they go into bitcoin is money. After that the second reason like me is the freedom of time. Since I got to know bitcoin, I can be closer to my family, I can accompany my wife and children every day. Maybe if at this time I was not familiar with bitcoin, I still worked in an office that every day had to get up early and often came home late at night. There was no time for family.

It's a natural thing that many people want, we humans really want to make good and big profits so Bitcoin is one alternative to produce it. If Bitcoin is just a place to store it, Maybe that person is wrong.

The reason you seem attractive, some people come here just looking for profit, then go by selling bitcoin and get more fiat, but you prefer cryptocurrency because it is anti central bank, what do you think with the central bank? does it look worse than cryptocurrency?

it's true as you said, our main goal in entering the world of bitcoin is to save and invest, actually the main purpose of entering bitcoin is to invest in the long term, bitcoin brings new challenges for us, bitcoin can also take us to the top, and can bring us down. we go down..

Honestly, I didn't get in because I was an anti-banker, or a lover of freedom or whatever. I do respect the ideals, and I know a lot of others quietly working their asses off for Bitcoin because they believe in something, and I can't say enough how much I admire them.

My own entry was a mix of circumstance and chance. A period in bed with nothing to do but read and ultimately, a need to find an alternative to PayPal which was my main means of receiving freelance income.

Final word. Things have changed. And we are NOT Satoshi so we should really move on from postulating on what he should and should not do.

this may be a very interesting topic to discuss.why do we get into bitcoin, because crypto currencies are like real currencies and we can do buying and selling transactions.because this is also a valuable asset to be a business or investment, what's more, in the past few weeks bitcoin experienced a significant price decline.which is an advantage if we buy as much as possible and sell it in the future. And what if the price still doesn't match what we expected, we can also save it in the time we want right.

This is very very pessimistic, the future depends on the steps we take. each of us have a say, can create & implement things. We can create new ways of governance. We can look out for the kids of the year 2142 but taking necessary action now.

Further more, I believe with how quick technology is advancing that between now and then new generations will find new ways to create systems and new models of hierarchy. The future could be a utopia if those who are conscious and aware of how their actions affect others, little lone the future of the world so long as we all don't become complacient after selfish needs of the lambo go to the moon culture.

Don't forget about the 2nd, 3rd, 4th layers to bitcoin. Universal Basic Income could be a result of crypto development. AI is unavoidable and doesn't mean it will turn the population of humans to dust of bones and flesh. When people are given more time they can work on bigger issues.

Stack your sats, create generational wealth teach your kids, nephews and nieces solid values and pass it down to them when your ready to go back to your true self, omni present and omni potent consciousness.

Based on your story,it seems you don't have clear knowledge about bitcoin but found how these Central banks keeps the people poorer over years.

Bitcoin is not under control of anyone which means decentralized and miners are helping them to confirm transaction while get their mining block rewards along with transaction fee so in 2140 the last bitcoin will be mined it doesn't mean the miners will stoo getting their rewards, they will still make money from the transaction fee and it will be distributed.

Bitcoin is about learning how we can manage our funds by ourselves and learning more details about bitcoin. In the future, I guess many people will interest and invest in bitcoin, especially if they can see that people before them already make huge money from bitcoin. If they can see a real example from their closest person or people around them, that will make them curious about what it is all about.
So that can make people will have a different reason to join in the bitcoin world.

Knowledge and partnerships are just a gift that comes with our participation in bitcoin, the main gift that bitcoin will bring is a multi-figure income in the account because its bullish skill is a perfect spot that can help us accomplish the tasks and goals, the time to success is significantly less than when we invest in gold and real estate. But the negatives are also running parallel to the great successes, many people's main income has also become fertilizer, the market's reward is not for all

Why are you trying so hard to convince people with your idea, clearly nobody is interested before or now about your ideas so why don't you just let it be or better yet create your own btc let's see what you are able to come up with, if you think satoshi made a poor job, try make something that will free the world from this supposed slavery you preach so much about, lol, I can't wait to see what you come up with genius  

FUD, you’re on here to try and convince the noobs that bitcoin is bad and you’re completely full of shit. I surely hope no one takes you seriously.

In my experience, the very reason why I got into bitcoin was not only for the profit and gains, I see it as something that help me secure my future. No matter what is happening right now, I am very certain that bitcoin will make it in the future. It will be legal and it might even be a currency that almost everyone will be using. That's why I decided to take advantage of the fact that I was blessed to learn about bitcoin this early since it will help me build an advantage or an added benefit in the future as some people are just starting to learn and know how to earn and spend it.

I got into bitcoin in 2016 when the bitcoin price was under 1000$.  Incidentally at that time I often completed work online that earned such as uc union.  And the MPA web, and at that time I often made friends with Indians to share about bitcoin.  At that time, not many people knew bitcoin because the price of bitcoin at that time was still quite cheap.  But I haven't had any luck with not keeping any bitcoins for now either.

Everyone has different things when I meet bitcoin, it's nice to hear that, I got into bitcoin because I wanted to have an income, and now it's been 4 years here, it's fun, in addition to earning, also getting knowledge and community.

He might be used him/her so they simply followed his tweets blindly but at the end he made profits while people lost their money who entered late into the market but actually Dogecoin holders are much happier than anyone in this bull run because Elon hyped and it worked really well.

So angry with Elon Musk mate? what does the man did to you? 

don't worry the man is losing His crypto community support and it won't take a long before he totally lose Sympathy from this forum and the whole community of cryptocurrencies.

You can argue everything, it doesn't really exist, it is only bits and bytes somewhere, "Bitcoin is as b.s. as fiat" -Elon Musk, but in the end there will be a limited supply, if nobody wants it the value will go down, if it is widely adopted it won't be as b.s. as fiat because there is a cap on it.  I no longer go off of what Elon says, (not that I ever did), because I don't think what he produces is well thought out.

Usually majority stay away from big risk investments and the reason why you see more investments coming in is because they expect to make a fortune and if they could time their entry point perfectly they could make a huge profit in a short period of time. Till now the cryptocurrency market gave everyone the opportunity to invest at a good price and if you were smart enough to invest during that time you could have made a huge profit by now.

Very true but for some people this is an opportunity for them. no doubt people nowadays are more attracted to bitcoin because its price fluctuates very high. Personally I think it's much better than other big risk investments. because for long term bitcoin is very worth it.

Everyone had main goal in crypto which to make good profit and increase wealth but it doesn't always work as planned . thats the fact happen in crypto market.

I do not think that there will be various difficulties regarding the kids not able to mine Bitcoins years afterwards! See everything has a time limit and things change for sure, but we have to understand that if you just take away the "finite supply" then will be the moment that you will be moving towards fiat, as opposed to what you said.

I believe a finite supply will help you implement more positive things, it will undoubtedly create a space for updates which we do need if Bitcoins have to stay in business for this long.  

For me the reason for entering bitcoins was much related to a way to get self employed and to expand my horizons. I was able to learn a lot in just few years, to understand politics, to get up to date with every news out there , to meet some amazing people here on the forum which helped me a lot !! For me it was this whole community. Fiat gains are for the rich and the middle class with savings. Bitcoins is actually very informative and can even be taken as an experiment about " if the governmental and Centralized bodies are much needed for the society as they show them to be" , well I guess not ! We need a system where both Centralized and the decentralized systems stay well together  in a ideally mutualistic society.

That's right, profit... obviously it's a very crucial thing that anyone in the job they do really wants, and bitcoin trading is no exception.
In fact, the rapid movement of bitcoin, both down and up, is very popular for daily trading, because the price difference from the movement is targeted for profit.
Of course, in addition to long-term investments that always remain profitable.

I really agree with you that before you recognize bitcoin correctly and clearly understand not to be lazy to learn, because without it we will not be able to get maximum results. don't be lazy to keep updating knowledge for it.

Sorry but can't see the connection to the thread?

---

maybe best to post appropriate to read.


it is VOLATILITY mate that what we called that , the constant change from the valye and it can even go high in a matter of time and can down lowest in a matter of time also.

But we knew that there will be a chance in the future , acceptance is what we all need and some country now are considering adopting this coin.

the reason for entering bitcon is the bitcoin exchange rate that goes up and down and is very suitable for us to invest and we have the opportunity to get a maximum profit. so in this case we need to enter the era of digital money in the example of bitcoin. maybe we need to study before enter bitcoin first, we must remain vigilant before entering this digital world

Bitcoin is also a movement. I like that term a lot better under many circumstances because a good chunk of those involved with cryptocurrencies actually started questioning the system they have been part of for the very first time. They learn about Bitcoin, get some pieces of info here and there, some talk here and there, and then they start to dig themselves. It got people politically interested, made them better understand the credit money system and how it affects society.

I like Bitcoin for many things more other than speculation and making profits of of its price increases.

Yes, we have our own reason involving bitcoin. Many of us come to bitcoin because, coincidentally, and we don't even know that bitcoin can be our way to make money. But after we know that bitcoin can be the way to make money and investment, we realize how important bitcoin to our life, and that makes us want to have more bitcoin.

And now, with the bitcoin price reaching $$39k-$40k, that will make people have a dream to have many bitcoins and hold it because they believe that bitcoin will increase so high in the future.

Having a better understanding of how it works, the future prospect of the coin got my attention. However, the time it would be used all over the world as the only means of transaction, could pose challenges to one who knows little about it, hence my joining bitcoin.

The anti-bank story, I have heard it so often just because I am into cryptocurrencies, but as you say that is not the case. If you go abroad you usually need a bank account and fiat money to get along decently. The crypto cards can cause a whole lot of trouble for as long as regulation isn't sufficiently harmonized on a global level. What sucks are the fees that some banks charge if you go abroad and pay for stuff or need an atm.

In my case, my real reason was because I saw the best alternative in terms of how much I could achieve Financial Freedom, also out of necessity, the most I have bought in BTC was 0.01BTC and it was in 2017, the truth is that I have never felt the power of having 1BTC, but someday if I think to enter that so exclusive club of the hodlers.
And it was all because of my first child, at one point I was left without a job, since in my country traditional work went to the ground because FIAT money is not worth much, and I always worked making appraisals to companies, and looking for money from companies through credits so that they could be capitalized.

everyone must have their own goals to enter bitcoin, my goal to enter bitcoin is, because bitcoin gives me financial freedom, of course the main goal is to increase income, and can help family finances,

Well, we probably do have our own certain reasons why we got into Bitcoin and most cases of people who are into it are because of its value primarily to gain profit and make use of Bitcoin as an asset that will be used for trading and investment. The price value of Bitcoin is actually the one that attracts me to get into it way back years ago upon my friends introducing it to me and since I am kinda broke and looking for some good deal to work with, this have got my interest and treat Bitcoin as primary to be asset more than currency since it is not yet adaptable to be freely use as a currency here in my place.

A subjective reasoning is acceptable for pursuing bitcoin/cryptocurrency. Although it is just like typical money, opportunities and other possible sources of services, goods, and income is widely and easily found with a few clicks on the internet. Finding a job nowadays, especially in these times of pandemic, is surely very challenging and investing your money comes a lot of risks as many scams and modus today are spread throughout the Internet. Spreading the word about bitcoin and teaching others the correct ways is enough.

To be honest I have nothing against the central bankers. Im not a religious person neither, but this is something like the famous quote of Jesus and the Caesar coin.

If you have a coin made by they in your pocket, you already accepted his system.
If youre not agreed with the economic system, give away all the money you have that bankers printed and stop using it.

Its very easy when you take that level of responsibility.

Regards

A temporary equal distribution of money can only be achieved through a big reset and I believe no man has (or should have) power to make that happen. Anyway, even if an event like that happened, it wouldn't solve any financial equality issue, because people aren't equal and the differences would still exist as there are people who work more, save money, are smarter or more ambitious than others.
Some people will always have more money than everyone else, because doesn't matter how a society works, these people will always find a gap to accomplish their financial goals in a moral or immoral way. And bitcoin can't change this natural modus operandi of the human society.

the OP is ludacryss, he only register(in April) to start two similar topics fuding and ranting against btc, did you loose your tin foil hat?

No proof of anything just the old bla bla bla.

Bitcoin isn't fair, who said it's fair? Bitcoin is not at all anarchist, but strictly hierarchical. The system is structured in a way to be more beneficial for the first miners, in terms of bitcoins. A correction: Assuming that Bitcoin will last 'til then, there will never by any premined coins. The fact that they entered Bitcoin when it rewarded 0 BTC per block doesn't mean that there was a premining before.

Quick definition of premining: It's the creation of a quantity of blockchain-based tokens or "coins" before a cryptocurrency is launched to the public. [source]

FUD and conspiracy theories, repeatedly...

No, the covid vaccine is to brand everyone like cattle and barcode them with a serial key. Then when people travel or shop or go to outdoor events they ask you for your covid pass and track everywhere you go.

What stops anyone from recording your heartbeat when you walk into a bank? or down the street? or through a check point? or outside your house?

The fact is you can`t turn off your heartbeat metric and anyone can use the metrics for bad. Your heartbeat will be scanned by AI drones in a few years weather you like it or not, We might as use the metric for good.

You can still remain anon when spending your coins, Just because you have one accumulation address, does not mean you can`t have multiple spending addresses and mix your coins with others.

But to be honest with you, there is no anonymity in timelessness, so to be worried about that is quite shallow. Everyone is going to see everything anyways. There is a blockchain of time recording your thoughts and actions for all to see. It is your true permanent record and testament. See right now I have two assaults on a officer on my "permanent" record, but the real permanent record of time shows me being assaulted by many officers for no reason. That is the one that matters.

It seems more likely than not that bitcoin was created by the IMF, FED and NSA.

I mean who would be thinking about money? Central bankers like the FED and IMF
Who worked with cryptography and tor? NSA

Even if it was created to be anti banker, the bankers still have won the game.

At the beginning, there were mainly two kinds of people who came into contact with Bitcoin in China. One was German students, because Bitcoin was first popular in the university community in Germany, and the second was a domestic university cryptography laboratory. Mining Bitcoin is done as an experiment. Later it spread to the society slowly and was given the attribute of hype

BTC is 100% NSA, it was first white-paper by IMF, and endorsed since 1997 by BIS, BITCOIN is a bastard child of the biggest central banker on earth.

The Swiss bank in your pocket. . . Need more reasons?

In 2013, I saw 618 bitcoins from the information of Great Wisdom Software. I wanted to buy some, but I don’t know where to buy. After a few days, cctv interviewed a person and said that he bought more than 7,000, 2600. When it was sold, I bought some one after another, and I have been getting it until now. I have also read the Chinese version of the white paper. I can’t really understand it, but I still don’t understand it.

[quote author=EternalAwareness link=topic=5339826.msg57089427#msg57089427 date=1621965281
You know it is the old stupid idea, to have a select few create the supply, or those with fiat create the supply. It is a fresh idea to have everyone generate the supply at the same rate, no matter their ancestors history.
[/quote]

Wealth and ancestral bias exist in many forms well before considering bitcoin. Inflation continues to be why this ancestral financial bias continues to perpetuate through a hidden tax.

The idea that you propose to tie currency generation to every beating heart sounds like the branding of cattle with far less anonymity. It would lead to larger disparities by preventing the novel to excel.

We all habe our reasons for doing the things we do, we all have our reasons for joining bitcoin. What is important is not our reasons for joining bitcoin but that we are here now, that is we have joined.

And the truth is, the reason that made us join is not the only reason keeping us right now as we have now discovered the numerous benefits of being a bitcoin enthusiast.

Everyone does have different desires and goals when joining cryptocurrency. One of the reasons I often get into why people start getting into cryptocurrency is because some of their friends who enter crypto first get success in cryptocurrency and it attracts them to join without doing research and what risks are faced.

I myself started to join cryptocurrency in 2016 and the reason I joined was because I think cryptocurrency has a good future and can generate coffers of money easily.

Now it has been proven that the cryptocurrency industry is a profitable industry and becomes a digital asset for future payments.

Everyone most have a vital positive reason why he/her adventure into cryptocurrency, but some person's are into cryptocurrency industry because they have seen other people making it through crypto, so it's more preferable that you have interest, the objective, the mindset and Target before enrolling your activities in cryptocurrency, using myself as a case  of study, Bitcoin was not been introduced to me by any body or by influence, it's through research and numerous questions via internet, so i found out that this crypto of a currency will soon dominate the world after carry on the research in 2015, so i recapitulate by saying that everybody have different intension to join cryptocurrency, it might the information you obtain from someone else which is positive or negative about cryptocurrency can push whoever to join cryptocurrency industry.

Not an easy-to-read article, I don't quite understand what is wrong with withdrawing part of your cryptocurrency into real money in order to show others that all this "works"? In my opinion, the conclusion is not massive and a lot of people still hold bitcoins and other alternatives to wait for their growth, and there are also a lot of attractive NFTs in which you can reinvest your cryptocurrency. There are even games on the NFT base, which is very cool and interesting! So I don't think it's worth thinking so pessimistically.

Yah sorry, used to being banned here after every post, so I make a new account most of the time.

Funny you guys want a decentralized currency, but you live on the most centralized forum I ever been on. The amount of oxymoron that happens here is pretty sad.

Anyways, enjoy working for fiat and having the central bankers enslave your kids with bitcoin for another 100 years instead of realizing they still win with shitcoin bitcoin and trying to provide ideas on how to beat them so all of humanity wins.

You know it is the old stupid idea, to have a select few create the supply, or those with fiat create the supply. It is a fresh idea to have everyone generate the supply at the same rate, no matter their ancestors history.

1. Yes there is a way to enforce it, you use heartbeat metrics and you don`t really enforce it the decentralized algo does.

2. Sure they can mine transactions fees, But why do they not get any rewards?

3. Inflation does not effect those who get some of the new currency being created, it is when you do not get some of the new money created that inflation fucks you over.

4. Yes a gift to the future of humanity to have a 0 circulation supply, what a gift.

5. Yes, why not minimize harm from greed.

After the first few sentences, I remembered reading similar thoughts and ideas somewhere - and it wasn't hard to find out who the original creator was - whether it was the OP just copying our Pizza Master or it was just his alt it is completely irrelevant at this point.



Old and stupid ideas are still old and stupid, no matter the new accounts you create to present them...

Well, once you sign up for bitcoin even if you are here for the monetary gains, you are already anti bank because you are using bitcoin already, you don't have to worry too much about people not being as hardcore as you OP, remember that bitcoin gave us financial freedom.

To be honest, the real reason why I got into bitcoin is because of my friends who introduced me what bitcoin is and what bitcoin is all about. But initially the main reason why I wanted to enter in this environment is because of money and most of us is because of this reason. One of the main problem of the people is money and they are seeking for an environment in which they will be able to earn money. And that's the real reason why people are getting into bitcoin or cryptocurrency.

That's just never going to work. There's no technical way to enforce this.

So how many people do I need to lock in my basement to never have to work again?
You see my point, right? This can be abused in so many ways.

Too bad you didn't start with this, now you're just trolling.

Yah, A point I make is that, the number of tradable bitcoins is going to 0. It is inevitable if you think about it, and price does not matter to the FED buddy. WAKE UP

P.S I am a Alien trying to save your species and I`m from the future. Btw space is not expanding you are all heading towards the biggest mass in the universe, that is how gravity works. You have limited time and the longer you take the more it pulls you in. You are 2nd in a race, 1st place is moving faster than you, 3rd place is moving slower than you. So it appears that the universe is expanding, but all racers are heading towards the finish line.

You might ask, well how do I create a fairly distributed supply in a decentralized manner?

Well to be honest man, you can`t do it online, I been thinking about this for a long time.

You need sign up stations in public places all around the world. Where people walk in and it is being live streamed to the blockchain like on dlive. So anyone can see anyone's account creation. Then you need to use a human hardware ID, like IRIS, Fingerprint, Heartbeat sound or DNA. To identify a unique signature to the account so they can`t make dupe accounts. They walk in, machine scans their heart, if the heart sound has not been used before it allows them to create a account, they enter in a pin, the machine gives them a debit or credit card that is earning 1 hour coin an hour.

GG WP, now we are all creating the supply at the same rate upon creation of it.

Now we can go explore space with the network fee`s it produces and introduce a fairly generated supply to the other species in other galaxies.  They might trade us time coin for time coin, I doubt they accept btc.

Even the Federal Reserve or the Central Bank cannot buy all bitcoins. First of all, a considerable part of bitcoins are stored in private accounts or cold wallets. There are not many bitcoins in coinbase or bianace. Secondly, the large number of bitcoins held by large institutions is also very large. If the Fed buys bitcoins, it is bound to make them cherish their assets even more. Finally, as the number of tradable bitcoins decreases, the unit price of bitcoins will become higher and higher, and the cost of buying all bitcoins will be astronomical. In fact, the Fed has no reason to spend such a large sum of money to acquire all bitcoins.

I know most of you are here for fiat gains, but I am not

The real reason I got into bitcoin was I thought it was anti central banker. You know the problem of people printing unlimited supply out of thin air, backed by nothing and extorting me with it for my limited time, goods and services. It is like I am playing a game of monopoly in real life where instead of all the players starting with the same amount of cash, a few start with all of it and in unlimited amounts. To be honest this is kind of a b.s. game. So for 10 years now I have refused to sell my fruits for fiat and I plan to continue until we have a equally distributed to all participants upon creation money supply. A supply we all create at the same rate.

1 hour coin an hour.
1 sectoshi a second

Now I was a die hard bitcoin fan, still am a little, but the more I thought about the end game of bitcoin the less I became a fan. Like eventually bitcoin will be 100% premine to kids born in 2142, why don`t they get a chance to mine rewards? how is that fair to them? or how it is inevitable that circulating supply will go to 0 due to dust, bugs, lost passwords, breaking hardware, death. That does not really seem great for humanity in the future. It also leads to mass murder and robbery and eventually miner wars.

Here is the start of bitcoin
Notice how the players are just going to the middle to mine and go back to there base peaceful
https://www.youtube.com/watch?v=Q41RW6bxpM4

Here is the end of bitcoin
Notice how the players are killing each other and some coded AI and robots to steal all the jobs so the people must kill other players to obtain supply.
https://www.youtube.com/watch?v=jYJVG1fKnRo

I mean who can buy all the miners?
who can buy all the coins?
the central bankers, like the FED.

"Bitcoin is as b.s. as fiat" -Elon Musk

To be honest if I was you satoshi, I would cash out and create a fairly distributed supply. Know duration or time is a blockchain. You memories prove this blockchain exist. Everything is timestamped in time forever, including your thoughts.

Act accordingly. For we are all on a p2p network in eternity and there is no anonymity in timelessness. All is known, instantly.