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Read this post if you love BTC crypto/ Leo finance

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@bearbear613
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The story is simple. Dive into something different, something technological. Bullish, Bearish.. are you trading? What is the art of HODL. Never sell? Or sell when you feel the 'price is right'. The only problem with this whole question is what made us first dive into something different.

Crypo is a ponzi scheme. Crypto is also legit. The technology is the work of a free-market and ideas that create incredible utility. Companies should be built upon technological solutions; and in many ways many different crypto's foot that bill. Not only that but it's price is built upon a fiat central bank system that is built upon a ponzi scheme in the 'quadrillians'.

Rule #1 Don't lose money, Rule #2 Remember rule one.

Alright but I just learned that my currency is built upon nothing. I do need it, but maybe we as human beings need money that it is more TRANSPARENT and solid in transaction. Yes money launder, rug pulls, and predators exist in any atmosphere.

Print this, print that but I know some markets. Vintage is something even the rich love and enjoy. I'm probably going to try to learn early that Bitcoin is the first of 21 million.. or

100,000,000 satoshis (SAT) per BTC

That's about: 2,100,000,000,000,000 (SAT)
https://www.reddit.com/r/Bitcoin/comments/43i66p/how_many_satoshis_are_there_2100000000000000/

"Even if the entire wealth of the world gets converted in Bitcoin, which is currently $360 trillion, with a fixed supply of 21 million, one Bitcoin will be priced at nearly $17 million. One satoshi at that price would be equivalent to 17 cents."

""Two quadrillion one hundred trillion." How many satoshis are available to us now (have been mined)? Well, we've mined about 15 million bitcoin out of the 21 million maximum. Times 100 million that comes out to: 1,500,000,000,000,000 or, "One quadrillion five hundred trillion." How many satoshis is that for each human being alive today? Taking a 7-billion approximation, that comes out to: 214,285 satoshis per human being. In a total bitcoin-takeover scenario, where bitcoin truly moons and comes out to a price of, say, $3 million per coin and goes into worldwide use, each satoshi would have to be worth about 3-cents. Thus, even in a total-bitcoin-victory scenario, it seems that there are enough satoshis in the world to run commerce at even the smallest level. There is the Total bitcoin proposal, which allows for effectively infinite division of bitcoin and satoshis themselves.

Still, we will not likely need to worry about such things in our lifetime. Well I have to disagree as we have a quadrillion ponzi already..

So does a full bitcoin mean anything? Is it all subjective? I guess you can divide anything if you like.

It's still the original blockchain that took the world by surprise. It's in history and there are still some 'SAT's" up for grabs. People trade comic books that were once 5 cents. Think about it!

Is a black hole something that sucks in all matter? Or is it something that feed's the galaxy and makes it move.

Deficits. Countries runs deficits, and so do it's people. Stability used to be measured by Gold and Silver. Today it's digital counterpart is used as a mechanism debt can manipulate fundamentals. Can a world of fundamentals rule? Blockchain is an attempt to make tracking of financial 'trickery' much easier to detect. CBCD's as I have written numerous times try to solve that part of the technology.

Sept 7th 2021 Bitcoin is just legal tender in Al Salvador. It also forces any merchant to accept Bitcoin. Forced tender law needs to be worked out as some merchants find it a 'pain'.

If only those in Al Salvador knew about graphene technology and the ability to generate crypto to purchase other crypto. Crypto is a chance. It's not an inevitability as it's own sovereign technology. Blockchain is power and politics likes power. Many from South America know about this secret.

Nixon off of gold standard to no asset base.

What is 2,100,000,000,000,000 (SAT) not accounting for what is lost and not mined.

Enter other iterations that mingle with Bitcoin. Remember the concept of Vintage. The first engineered currency that cannot be re-hypothecated. Gold is good but not when it's manipulated and not as easily divisible as BTC. Anyway's at the end of the day we buy the crypto that which we think will have value in the future.

BTC will always be known and always be vintage. I'll claim some of it just based upon it's mark in history.

Posted Using LeoFinance Beta