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Comments by "" (@ericp1139) on "Bitcoin soars over $23,000, where is the enthusiasm driving the rally coming from?" video.
Not “21 million and some change.” Exactly 21 million will ever exist.
15
The video you watched and the text you see now are just air floating in cyberspace. Yet, what is that worth?
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@tmanthemotivator8833 once we get space mining, how great do you think your shiny rocks will retain their value?
3
@jossandman you’re saying YouTube has no value then?
1
@jossandman they can’t take your Bitcoin unless you let them.
1
@jossandman so...what’s your point now?
1
How do you control Bitcoin?
1
@tmanthemotivator8833 you can only tax capital appreciation. If you never convert out of Bitcoin, you have no taxable event.
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@tmanthemotivator8833 Bitcoin is backed by nothing, which is exactly why governments cannot stop it, and thus is the value you seem to be missing entirely.
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@tmanthemotivator8833 is the video you just watched tangible? Are the words you are reading now tangible? Are the numbers in your accounts tangible?
1
@tmanthemotivator8833 oh lord, you’re a student of Schiff. No wonder.
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@tmanthemotivator8833 hard money doesn’t mean physical, tangible assets. It means scarcity and security, both things Bitcoin is superior with over metals. There will only be 21 million BTC. When space mining is operational, the limitless supply of precious metals will crash the price of shiny rocks.
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@tmanthemotivator8833 there are already thousands of cryptos all over. It’s the same reason you can start thousands of social networks, but are you going to unseat Facebook? Why not?
1
So?
1