RE: Bitcoin Conference 202425 Jul 2024 14:01
You can simplify your post by saying there are many variables that determine the value of the cash in your pocket. The same can be said for Bitcoin. Tge one thing going against it wasnthat you can't go to the shops with it and buy goods or pay your taxes with it. The state is king. However, if ANY nation on the planet accepts it and uses it, that's game changing. Once Bitcoin is interchangeable with cash, it is cash. Countries now increasingly have Bitcoin positions and banks have now capitulated and got on board. I was a big sceptic on Bitcoin despite all the altruistic and logical reasons why it made sense. I think it has now reached a critical mass in acceptance, it's not going away now.