There are now countless threads talking about "where is the support for this price?" And the press calling it a bubble because there is "no support for the price".
Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.
Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.
Because bitcoin is the fulfillment of the internet and digital manifest destiny.
Security through numbers, freedom through cryptography.
Governments can torture so no, encrypted anything isn't a threat to any government. It's only going to increase risk to yourself. The best bet is to accept these risks from the start and assume there are no secrets which are kept from governments. The goal should be to make governments accept cryptocurrencies not fear them and to move to governments and countries which are more civilized.Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.
Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.
Because bitcoin is the fulfillment of the internet and digital manifest destiny.
Security through numbers, freedom through cryptography.
Nothing stops governments from arresting people and torturing them into paying taxes so its easier to just pay the tax up front. Just pay the IRS.
total on spot
