RE: Apple entering crypto26 May 2021 21:42
Itâs inevitable. People think bitcoin needs to continue to appreciate by 200% a year, entirely possible. It doesnât NEED to though. In order for bitcoin to eat the $250 Trillion worldwide, all it needs to do is preserve wealth better the next best SOV by 1% consistently. Thatâs all it needs to do. 1% you may scoff at, but if youâre a multi millionaire/billionaire then Iâm afraid youâll bail on Gold or whatever else very quickly to gain back your 1%.
When the world realises whatâs happening with the M2 Money Supply, nothing will stop this. Gold will always do well by the way, just not as well IMO. You see M2 flies under the radar, you donât SEE your pound devalue. If youâve got 200k savings it still looks the same year on year, but it isnât worth the same. I could go on and on.