You can head over to Twitter and see more opinions on this.Īt the moment of writing this article, Bitcoin is trading in the green, and the most important digital asset is priced at $9,277.25. this situation is beautifully written down in “When money dies” from Fergusson, about Weimer Germany 1923 period, stories from people that actually lived in that period.” 1:21-cv-07349 (S.D.N.Y., filed September 1, 2021) On December 3, 2021, the United States District Court for the Southern District of New York entered judgments against Glenn Arcaro and his company, Future Money Ltd., for the promotion of the BitConnect 'lending program. Finder’s best crypto exchanges and trading platforms in the UK for 2023. The Texas Securities Commissioner has entered an Emergency Cease and Desist Order to halt the multiple investment programs operated by BitConnect, an overseas company that claims a market share of 4.1 billion for its cryptocurrency coins. PlanB responded with: “exactly! “everything else is decreasing”. Fair enough point on why you don’t extrapolate out that far.” If (when) bitcoin is to become a global world currency, at some point it’s not that its value is increasing, it’s that everything else’s value is decreasing. Someone commented: “This is a sound counterpoint that not enough people consider. who knows what happens with $ if the FED keeps doing more QE (money printing). I would be happy if the model holds for 1 or 2 or maybe 3 more halvings. I normally don't deploy statistical models 120+ years out into the future.
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