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YOU ARE HERE - Bitcoin Bull Cycles
Bitcoin
Long
YOU ARE HERE - Bitcoin Bull Cycles
By ZooperDooper
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Jan 14, 2021
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Jan 14, 2021
We exchange our
time
(finite) for
cash
(infinite).
We store our time
(finite)
in cash
(infinite)
for accumulation and later use – store of value.
Monetary technology systems change – from food, animals, precious metals, to promises then paper.
Money printed faster than the
trees it grows from
.
The
best performing fiat
currency is the British Pound which over it’s 317 years of life has
lost 99.5% of it’s value
.
The dollar in your pocket
worthless
than it did last year.
Cash (infinite)
as a store and measurement of value is not accurate – like a bent ruler.
Cash is man-based currency.
Man is greedy, man is short sighted, man make mistakes, man lie.
Bitcoin is math-based currency.
Math is nature, math is reality, math is accurate, math does not lie, math the language of God.
Bitcoin’s scarcity is the greatest monetary breakthrough never before - and never again - achievable by mankind.
Bitcoin is a one time, path dependant invention that
dematerialises gold
– it can move faster and easier, hide anywhere but cannot lie.
Of the total 21,000,000 approx.
20% are lost forever
= 16,800,000 - supply.
Of the circulating supply,
78% is not for sale
and increasing – demand.
If you own 0.0224BTC you are in the 1% club – of the world.
$4.8 million per BTC = approx. $150 trillion market cap.
Cash is a bent ruler, but USA military expenditure in 2019 = $1.9 trillion.
Once we surpass 50k we may only see it once more.
Yes this dip will be a blip.
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
Bullish Patterns
cashistrash
Cryptocurrency
crystalball
Economic Cycles
fiat
Fractal
wealthtransfer
ZooperDooper
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