crypto currency

[QuarterMillionMan]

When bitcoin becomes risk free and your bank at Wells Fargo or Bank of America sells it to you for $10 million for 1 bitcoin you'll wish that you had done your research today and bought it today at a 99% discount at $94,000 a bitcoin.

[QuarterMillionMan]

I truly want everyone to prosper and make money but hard to change one's old way of thinking and train an old dog new tricks.

[QuarterMillionMan]

My prediction with the crypto strategic reserve is to print fiat dollars as fast as possible, buy as many of the remaining 1 million bitcoin to be mined between now and 2035 (to date over 19 million out of the 21 million bitcoin ever to be mined have been mined). The remainder of the world's fiat currencies (ie, Euro, USD, Yen, Yuan, Ruble, etc), including the almighty dollar will be toilet paper.

[QuarterMillionMan]

New Hampshire becomes the 1st state to adopt a crypto & gold reserve.

Bitcoin and gold are now reserve assets in New Hampshire as Governor signs the first US state crypto bill | Kitco News

[QuarterMillionMan]

Bitcoin surpassed Amazon to be the 5th largest asset by market cap.

[disneysteve]

I know little about crypto but I did see today that Coinbase will be joining the S&P 500. It will replace Discover since they are being acquired by Capital One. Apparently Coinbase was one of the largest companies not already part of the index so it makes sense.

[QuarterMillionMan]

That's some good news for us crypto bugs.

[QuarterMillionMan]

A picture is worth a 1000 words.

[QuarterMillionMan]

With bitcoin at all time highs my profits can buy a new Tesla right now. When bitcoin had dropped in the $70,000 - $85,000 range I was power buying hundreds at a time almost daily.

[ua_guy]

A picture is worth a 1000 words.

That's some pretty cheap propaganda. Currency is currency. Both the USD and crypto are backed by hopes and dreams (supply and demand). Anyone can create a currency.

[QuarterMillionMan]

Today I bought IBIT Blackrock's bitcoin ETF at $63 a share and XRPI the new ETF at $15 a share which started yesterday. Not sure if I even want the ETFs but some skin in the game can't hurt. I rather own the cryptos.

[QuarterMillionMan]

21 truths of bitcoin, you can thank me later.

[james.hendrickson]

21 truths of bitcoin, you can thank me later.

How about if I thank you now, QMM? I just picked up a bit more bitcoin, thanks man!

[QuarterMillionMan]

Same here James, I've been stacking away bitcoin myself.

[james.hendrickson]

QMM - I picked up another $50 or so worth today. I think the Trump administration will be pro-crypto for the foreseeable future.