Comments by "SAL" (@SAL-fs1mr) on "Bitcoin 'Going to Infiniti': Kraken CEO" video.

Bitcoin is continuously traded, there will always be sellers and buyers.
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When bitcoin was 1k, people said it was delusional to believe it will eventually get 50x bigger to 50k. to get to 1 million is only 20x from here.
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@CX 0 "you have to hope many more people realize the true value of a decentralized global monetary network that is resistant to supply inflation and censorship, and awareness is picking up" ftfy
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@gzfashions dude, you are over thinking it. If at anytime you want to buy a bitcoin, you have to offer a price at which a bitcoin owner would want to sell. Then you make the trade for the actual bitcoin. All the land today is already owned, right? But if you offer the correct price, you can buy land at anytime.
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Bitcoin is the best treasury asset. Ada and eth keep changing their protocols, so they are drastically inferior with regards to immutability and the store of value utility. In simpler terms, they carry way more risk due to their inherent complexity.
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If china pulled the plug on all their mining, bitcoin's mining difficulty adjustment algorithm will kick in and the bitcoin network will keep working just fine.
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@xxplosive7945 none of that matters for what you want in a treasury reserve asset though. This is why Bitcoin will always have the most value. Ada and eth will keep outcompeting themselves (downwards) on fees for smart contracts.
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@xxplosive7945 proof of work mining and high fees prioritize security instead of efficiency, which is much better suited for the treasury reserve asset. Second layer protocols will move bitcoin at scale for cheap and even enable smart contracts like with wbtc. The largest funds know this because they did serious research, which is why they know bitcoin is the winner for where most value will go.
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