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Bitcoin will be the future currency "because it is limited"?
Can you explain that? I don't understand it at all.
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@DerMartin Hi Martin. Of course I can. FIAT currency, for example, is not limited like the US dollar, of which there are currently a relaxed 27 trillion in circulation. BTC has exactly 21 million. In short, when all 21 million are issued, which they are not yet, then supply & demand will occur, as it should. So we have a currency that has real value because it is decentralized and cannot be influenced by any government institution, as it is today. I associate BTC with honesty, as this system cannot be influenced and exploited, just like the US government can exploit the US dollar when another giant company goes bankrupt and money is needed (simply print it).
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@Pauljj Thank you for the explanation 👍
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@Pauljj Do you think it's not a problem that the amount of coins is constantly decreasing due to loss?
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@Pauljj Okay, you've described the reality. But there is zero justification for your assumption that $BTC is the coming currency. That's a bit like saying "It's colder today than it is outside".
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@Pauljj How do you come up with 27 trillion dollars? 😅😅🤣
Source please
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@Mike_Invest That is indeed an insane value that cannot be. Ah @Pauljj has since deleted his post.
@DerMartin Which post should I have deleted?
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@Pauljj Oh. Sorry. The post with the 27 trillion wasn't shown to me earlier.
@DerMartin No problem. Here is my source (not confirmed by institutions but a conspiracy theory that of course nobody wants to admit, so you can consider my argument insignificant if you want) + Elon Musk posted it: https://x.com/ashcryptoreal/status/1767959247298478173?s=46