Bitcoin Billionaire
banner
kilzhot.bsky.social
Bitcoin Billionaire
@kilzhot.bsky.social
Bitcoin is not a partisan issue and is owned by the people FOR the people.
Judging by the likes, there are at least 7,000 people here that were late buying Bitcoin!
December 23, 2024 at 8:41 PM
I’d like to match my ROI on crypto versus your ROI on T bills! Or, your ROI of literally anything versus my returns.
December 14, 2024 at 9:20 PM
And yet people continue to buy gold. Again, you don’t need people spending a million at time. You just need constant use cases. Store of Value just being one.
December 9, 2024 at 7:43 PM
Part of Bitcoin’s allure is that it shares many characteristics with gold. Last week, Federal Reserve Chairman Jerome Powell said Bitcoin is a competitor to gold rather than the U.S. dollar.
“It’s just like gold, only it’s virtual, it’s digital,” Powell told the audience at the New York Times’s
December 9, 2024 at 7:41 PM
Don’t think buyers only. Think customers and usability and Value. Replace Visa, Mastercard, Amex and Discover processing fees. Put that value on Bitcoin as a payment processor. This is one Industry Bitcoin will disrupt. Sure we don’t have every answer but the potential is there to add value.
December 9, 2024 at 4:58 PM
It’s not just the number of “buyers”. It’s the number of sats acquired through several means - gifts, sales, purchases. You are look at bitcoin as a speculative asset. It’s more than that. Bitcoin is a ledger, a safety protocol, an asset, a payment system and a store of value.
December 9, 2024 at 4:55 PM
That’s not really how it works. Bitcoin will go up as people continue to purchase smaller units or “Sats”. Soon the opportunity to own a full coin will be gone and these micropurchases will continue to flourish. Processing fees for transactions will drive miner income and difficulty levels increase.
December 9, 2024 at 4:52 PM
BTC is many solutions and has a lot more use cases when people begin to understand the potential and stop questioning the validity!
December 6, 2024 at 12:50 PM
Bitcoin also is a store if value much like gold. You can go back and immediately create it, you have to pay more and more and more power and energy cost so energy + time \ difficulty which is well the value is created. You think dollars are Really backed by gold or oil??? BTC isn’t one thing.
December 6, 2024 at 12:49 PM
When Visa approves a transaction, there’s a fee and that “fee” requires labor and energy to make that service. Bitcoin provides validation to send and receive, much like processing, authorizing and sending funds. Bitcoin could always be compared to Western Union to send fund for a fraction of cost.
December 6, 2024 at 12:46 PM
All the logic in the world isn’t going to change the minds of some people that are anti- Bitcoin. However, wishing someone “good luck” with an asset the you could’ve bought at $1, $5, $50, $500, $5000 or $100,000 seems like we don’t need “luck”. Energy and Power is a cost, as is equipment.
December 6, 2024 at 12:42 PM
Never too late! It’s early days!
November 23, 2024 at 12:29 AM
The funny part of all this is that you have a diary!
November 23, 2024 at 12:29 AM
I know a good divorce lawyer!
November 23, 2024 at 12:25 AM
As long as I have more #Bitcoin than I have fingers and toes… I ain’t mathing anything!
November 23, 2024 at 12:21 AM