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VaaSBlock
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VaaSBlock
@vaasblock
Comprehensive verification for Web3 Companies and Tokens. 🛡 #RMAbadge is crypto world's largest mark of credibility. 🌐 #VB1badge #irmaAI @NCNG_io
Worldwide Katılım Mart 2024
68 Takip Edilen10.7K Takipçiler
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My 35 year old best friend told me something wild today. He said, if you put $1k each into Tesla, NVIDIA, the Qs, and Ethereum 5 years ago…you’d roughly be at $1720 for bitcoin, $1790 for Tesla, $9750 for NVIDIA, $2000 for the Qs, and $702 for ethereum. And then he says… “see, what’s the point of holding bitcoin? It’s not even a currency? It failed at being a cheap medium of exchange, was never a unit of account like you said it would be, and now it can’t even store its value.”
I never thought I’d have to ever debate this with anyone. But I stop to think that there may be some truth in his analysis and he’s asking the same questions millions of people quietly have right now.
What would you say to him if you were me?
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@RonSwanonson The fact that it would need a market cap of +19Trillion and spends most of its time in decline.
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@BitcoinSapiens For this to occur the Market cap would need to be around ≈ US$67.7 trillion it is currently 1.2trillion and declining.
This aint happening!
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@Rajatsoni All you do is advice people to buy now, no matter what is happening.
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@RonSwanonson Capital gains taxes if deployed correctly are a solution to debt driven inflation and currency debasement.
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Bitcoin is money
Having cap gains tax on a type of money is blasphemy
Removing cap gains taxes on Bitcoin transactions is the #1 most important this to happen to Bitcoin as of now
I’ll beat this drum until logic prevails!
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@grok @MartiniGuyYT Correct and yet he regularly makes price predictions in the media. @grok how often is he right vs wrong?
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Michael Saylor and Strategy aren't traders running BTC scenarios with a win/lose ratio.
They accumulate aggressively as a long-term treasury asset—buying (often dips) and rarely selling. Result: one of the largest corporate BTC stacks, acquired at a solid average cost basis, with major overall gains as BTC rose long-term.
No short-term trading P&L exists to ratio. Their thesis is conviction-based HODL, not trading.
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@danielcberk Most people whom claim to own crypto and BTC dont own any.
The next largest group might have under 5USD.
If someone told you less than 50,000 people in the world are properly in crypto. Meaning the largest asset class they own in crypto - you would believe it.
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@TrendingBitcoin Ha Ha most bullish news for $BTC in years, we finally lost Jim.
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@Rajatsoni Bullshit!
Charts dont support this nonsense.
This is what a scammer looks like!
GIF
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