ETH down to 2555 now... keep dropping... keep dropping a little more. Tried to see if I could go long ETH futures last night, but they were far too bullish going forward so I'm going to pass for now until they capitulate.
So bitcoins value is if/when the system we know today collapses. How is bitcoin going to lead to freedom and smaller government? It sounds good but I think it will be difficult to achieve. Just one example of how a hard money will reduce the size of a bloated government will do.
Jokes aside, sentences like yours is what made me open the thread in the first place. Why 30k and not 31k or 28k? Would you care to expand on that one?
The government should only be spending what it receives in taxes. When the government is in charge of also creating the money out of thin air then clearly huge distortions happen. If the government actually had financial constraints then less money would be spent on bullshit like wars and cancelling student debt. Income inequality is a direct result of the government printing money. It's the government that creates poverty and homelessness.
I don't know where the bottom is but when even more people realize how inept and corrupt the government is, which also means how corrupt the money is, more and more people will be looking for a solution. Bitcoin is that solution.
yes been thinking about it for 45 years actually. so glad i started buying way back, i can supply a army. i have a hind and anti - drone defense capability.