How long until ((((they)))) make intervention?

4800

Wouldn't we have government intervention at that point? Or even a exploding bubble?

Hodlers of what? Just bitcoin? Are alt holders going to be fucked?

So BTC hodlers will be rich? i'm noob but i own and hodl BTC

Kek.

These people don't understand what Bitcoin is.

>that can put you in a cage
now now, they'd much rather just ruin you financially and take your house until you pay debnts instead

>gold
>having intrinsic value anywhere near the level of what people are willing to pay for it
its literally a shiny yellow metal that's nice for making jewelry with and has some minor industrial applications because it's nonreactive with oxygen. You can't eat gold, you can't make tools from it, it doesn't help you survive.

You pay people to dig it out of the ground, then put it in a hole and pay people to guard it. To say gold has intrinsic value but bitcoin doesn't is ridiculous. Land has intrinsic value, food has intrinsic value, gold is $1267 an ounce because we've all agreed it does.

>john quiggin
literally who?

these are economists. they know absolutely nothing about what a blockchain is

the nice thing about bitcoin is that it is borderless

lets say the US government starts thinking that bitcoin is a threat to dollar hegemony. they want to (((shut it down))) for (((reasons)))

its easy for any other government to prop up the price. even attack the dollar / US with soft power.

so the shitbags in DC/NYC can never really tank BTC. also, you can leave the country and go be a millionaire anywhere else. they cant stop you from taking your BTC with you, whereas they can stop you from shipping your dollars / etc out of the country. so, even a straight up ban means nothing. doesnt matter, ill fuck off to another country and take my wealth with me