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Old 02-02-2021, 10:31 AM  
jscott
So Fucking Banned
 
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Quote:
Originally Posted by pimpmaster9000 View Post
if fiat has trouble, this is no way means bitcoin is king...it is very possible that bitcoin rises to 1million$/coin but ONLY at the expense of others who put money in the system...what you take out, somebody has to put it...if only there was a name for this? :2 cents
Research the terms "inflation" or "fiat debasement", it'll help you understand things a bit more

The reason why Bitcoin is designed that everyone wins in the long term, (if holding) is not at expense of others, it's because trillions more $$$ is introduced to the world via central banks printing.

People who lose are the you's, who think you can outsmart math and markets and get rekt like you before. Buy BTC, hold, be patient. If you had only done this years ago instead of losing then crying everyday about it, you'd maybe be financially better off. Hell, buy gold/silver if you hate Bitcoin so much, then again, you hate all markets
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