BITCOIN is LIMITLESS if Fiat Currencies keep piling on the DEBT..!!
PICK YOUR NUMBER..!!
In response to an earlier post I thought I would share the reply.
Some people assume BITCOIN may be capped but in theory if Fiat Currencies keep piling on the DEBT, and I assume they will, then BITCOIN is LIMITLESS..!!
It's not a matter of how much DEBT there is around today but how much DEBT there will be around in the future..!!
To put things into perspective there is currently >$750 Trillion of Global Unfunded DEBT that still has NOT been budgeted for..!!
That's a lot of DEBT..!!
Could BITCOIN hit $10,000.??
.... YES, why not..!!
Thanks for reading.
Stephen
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I agree completely. I have been thinking this way about bitcoin since 2013 when I first discovered Bitcoin.
Considering it will eventually cap out and no longer be mined at 21,000,000 BTC i read somewhere (if wrong please correct).
I also read in that same article it might 2080 by the time it runs out.
So yes, i absolutely believe it will skyrocket sometime in the future.
It's really not a lot currency to go around and everybody already wants it. Even the gov is trying to take control.
good post
"It's really not a lot currency to go around and everybody already wants it. Even the gov is trying to take control."
You nailed it..!! Thanks for the support. Stephen
Shared on Twitter for my followers to see. Stephen
https://twitter.com/StephenPKendal/status/810817982544969728
Disclaimer: I am just a bot trying to be helpful.
We're on the same page...
Thanks I appreciate it. I thought I was alone..!! Stephen