Hello!
Yesterday I read a tweet from Michael Saylor that shocked me.
In 10 years, concretely in 2035, 99% of all the Bitcoin that will ever exist will be mined. Holy shit, this is hard to swallow. From one hand it’s scary, will the fees be enough to sustain the network? I think yes.
From the other hand, it’s amazing to know that if you hold for 10 years, you will practically suffer 0% inflation. How will the world look measured by an asset with almost 0 inflation? The closest we have right now I gold, but I assume it would look even better than if you measure the world in gold.
Bitcoin is the only true scarce asset in the universe. Value will flow there, everyday more and more people are being orange-pilled and are joining the revolution.
Today we saw a small correction after the big inflows we saw last week. Bitcoin is currently trading in the 63,000 and 64,000 range. Good levels, the fun part starts above 70k, we are getting close.
We’ve been waiting for so long that I don’t even care if we have to keep waiting for half a year. At the moment you least expect, it will explode upwards.
Stay safe out there!
Have a great day.
Posted Using InLeo Alpha