I mean, can we even find anything great about humans? The scriptures say we're the best creation, but look at us now. In this age of endless currency systems and controlled economies, I'm convinced Bitcoin will reach a trillion dollars. Sure, we might not see it, but I bet some of us will witness Bitcoin hit a million. And honestly, those who don’t have it now might really wish they did once it’s gone again.
Is Bitcoin Truly Priceless and Eternal?
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True, but Bitcoin needs electricity. No one can guarantee it’s always available everywhere. I mean, good luck trying to send it to someone in Antarctica. Trust is one thing, but Bitcoin's eternal status? Not so sure about that.
Electricity is a concern for all digital systems, not just Bitcoin. Think of banks and cloud services. Bitcoin doesn't need more infrastructure than what's already there. In places with spotty electricity, Lightning Network handles transactions through SMS or radio. It's got built-in adaptability.
It could hit a million, sure, but when? It’s not just about Bitcoin; it’s about adoption, security, and the global economic landscape. We're still a bit young to throw around million-dollar predictions. Let’s keep our sights on $150,000 or $200,000 for now.
falcon_alphaMember
Posts: 57 · Reputation: 182
#5Jul 25, 2022, 08:31 PM
That priceless and eternal notion? It’s for those who actually get self custody and privacy, not just for anyone jumping in. We need to hit an all-time high first before even considering the long-term projections like that.
So, we’re all debating if Bitcoin is eternal, huh? Just remember that ‘eternal’ means it’s here to stay, no matter what. Bitcoin's decentralized, unlike banks, which are centralized. That makes it unique.
Yeah, but you still haven't explained why you think Bitcoin is priceless. Humans might be great creations based on our minds, but I'm not sure other animals would even care about our debates.
Honestly, I doubt the OP believes Bitcoin is truly eternal. If you think about it that way, your argument holds, but nothing really lasts forever. Demand can rise and fall, and it all hinges on who’s selling what.
n1nja_2020Newbie
Posts: 24 · Reputation: 19
#9Jul 26, 2022, 06:21 AM
You know, it's a stretch to say Bitcoin's priceless and eternal. Everything has its time. At some point, something better might come along. I’m hopeful to see Bitcoin hit $500k or even $1 million, but who knows when?
Saying it will hit a million is one thing, but let’s not act like it’s just around the corner. It’s a gradual process. What’s impossible today might change tomorrow, but we need to keep track of adoption rates.
The OP seems overly optimistic, riding the wave of excitement without fully grasping what makes Bitcoin special. The future of Bitcoin is tied to its advantages over traditional finance.
CryptoHawkMember
Posts: 7 · Reputation: 186
#12Jul 26, 2022, 11:59 AM
Thinking Bitcoin could reach insane heights is fine, as its price has been going up steadily. Large investors keep buying, and that’s true. But saying it’s eternal? Come on, that’s a stretch. Nothing made by humans lasts forever.
We can't predict the future and what’s coming. I hope Bitcoin hits $1 million one day, but a trillion? Only the young might see that. And let's be honest, governments love to meddle with it.
The OP might be exaggerating, but I think he wants to highlight Bitcoin’s potential and how it’s been around for a while. Still, he might be going too far. I see his point, but we should all hold some Bitcoin, just in case.
Yep, but let's be clear. The banking system burns way more resources than Bitcoin. If banks crash, you can’t even get your cash. But with Bitcoin, as long as the network is up, you’re fine. Changeable rules? Not happening with Bitcoin.
Totally, separating money from state is key. When religion gets involved, it usually creates chaos, especially for those not in the money-making club. By the way, have you heard about Digital Matter Theory? Pretty interesting.
A million dollars for Bitcoin sounds fine, but a trillion? That breaks logic for me. If Bitcoin hits that price, we’d need crazy money printing, or insane inflation. It’s definitely a stretch.
I’m optimistic about Bitcoin hitting one million, but a trillion for each coin? Come on, unless the dollar just plummets in value. Nobody knows what's around the corner; Bitcoin might be the future or might get overshadowed by something new.
I feel like there’s a disconnect between the title and the content here. Bitcoin may be eternal, but its value? That’s a different story. If the network fails, Bitcoin's just numbers on a screen.
Yeah, a trillion is just wild. The market cap would be insane, compared to global GDP. But hey, have you considered Bitcoin Security Intensity? It’s pretty fascinating. Just look at the trends over the years.