6 minutes ago, angryguy said:

Still backed by something verifiable, in which fiat is not anymore. Whether its a waste depends on when you were born and how bitcoin affects you. People that have it dont consider it a waste to now be able to escape debt slavery

something verifiable ?

 

Like hope and trust , same or worse than fiat.

Bitcoin is still crawling, and the average person can’t even comprehend what’s coming. The elite who actually understand value — and have the sense to HODL — will own the future while the herd stays broke and confused.

16 minutes ago, FlorC said:

something verifiable ?

 

Like hope and trust , same or worse than fiat.

Hope and trust is what the world governments require for people to use their fiat currencies. Banks require trust because they are run by people. Bitcoin requires no trust because there is no third party required to send a transaction, no centralization involved

11 minutes ago, NickyLouie said:

Bitcoin is still crawling, and the average person can’t even comprehend what’s coming. The elite who actually understand value — and have the sense to HODL — will own the future while the herd stays broke and confused.

I read something that there are 60 million plus millionaires in the world and only 21 million bitcoin, more like 15 million bitcoin due to lost bitcoin.

 

so there will be a lot of millionaires out there who cant have one bitcoin

40 minutes ago, KhaoHom said:

 

We will have creeping inflation spurned on by spending which may give way to more money printing. It's absolutely inevitable 

 

I really had hoped Trump would get a handle on it. 

 

Massie / Paul 2028!

More empty predictions. To you the record of their failure means nothing.

3 hours ago, angryguy said:

A common political topic here, inflation. Spoken about like its a problem with no solution. Heres how it will play out: the federal reserve prints more dollars, boomers investments all go up priced in dollars. Boomers pass away, their inheritance goes to their kids who buy bitcoin. This will take place over the next 10-20 years until the current system can no longer sustain itself. Everything will be priced in bitcoin not your countrys fiat currency anymore because paper is not backed by anything. Bitcoin is backed by energy. This has been inevitable since the US went off the gold standard in the 1970s. So now that you got a simple explanation here go out and buy some for your kids if you have any. Any amount will give them a big head start over others who dont realize until 10-20 years from now.

You shouldn't really smoke that stuff. Makes a foggy brain and blurred view.😂

5 minutes ago, Alan Zweibel said:

More empty predictions. To you the record of their failure means nothing.

This entire thread is nothing but anons making empty predictions. You embarrass yourself 

 

Q: Will world governments and in particular US continue to print money and RINO Congress and of all people Democrats having fought tooth and nail every cost saving measure since Jan 20 continue spending nation into debt? 

 

Or...will the US slash and burn spending, reduce interest principle on debt, enforce draconian legislation and spending mandates?

 

Simple really.

 

https://fortune.com/2025/07/24/ray-dalio-billionaire-economy-national-debt-economic-heart-attack-crisis/

These bitcoin guys are all a bit delusional

29 minutes ago, KhaoHom said:

This entire thread is nothing but anons making empty predictions. You embarrass yourself 

 

Q: Will world governments and in particular US continue to print money and RINO Congress and of all people Democrats having fought tooth and nail every cost saving measure since Jan 20 continue spending nation into debt? 

 

Or...will the US slash and burn spending, reduce interest principle on debt, enforce draconian legislation and spending mandates?

 

Simple really.

 

https://fortune.com/2025/07/24/ray-dalio-billionaire-economy-national-debt-economic-heart-attack-crisis/

It's clear you didn't even bother to read the article. 

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Finance·national debt
Ray Dalio issues his most dire warning to America yet: The ballooning $37 trillion debt will trigger an ‘economic heart attack’
By Nick Lichtenberg
July 24, 2025 at 3:09 PM EDT

Ray Dalio
Ray Dalio, founder of Bridgewater Associates
Dia Dipasupil—Getty Images

Hedge fund billionaire Ray Dalio is known for his dire warnings about the economy and the national debt, but he just issued one of his starkest warnings to date, likening the United States’ mounting debt crisis to an impending “economic heart attack” and urging policymakers to revisit the fiscal discipline that characterized the 1990s boom years. Dalio’s alarm, sounded in a series of social media posts and interviews, including with Fortune’s Diane Brady, comes as the national debt nears $37 trillion and the federal deficit continues to swell, fueling bipartisan anxieties about the country’s financial health.
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A blueprint for recovery

Dalio contends that there is still a way out—as long as the country acts with unity and resolve. He points to the ’90s as a model for bipartisan problem-solving, fiscal restraint, and balanced economic growth. “If we change spending and income (tax returns) by 4% while the economy is still good,” he wrote on Twitter, “the interest rate will go down as a result, and we’ll be in a much better situation.” He added that we know this kind of balance can happen because it happened before, from 1991 to 1998, referencing how both spending controls and targeted tax measures restored equilibrium in the 1990s."

As usual, you ignore half of the picture. 

 

Unfortunately, to cash bitcoin you need an EXCHANGE.

 

Remember folks, not your keys, not your money.

4 hours ago, angryguy said:

A common political topic here, inflation. Spoken about like its a problem with no solution. Heres how it will play out: the federal reserve prints more dollars, boomers investments all go up priced in dollars. Boomers pass away, their inheritance goes to their kids who buy bitcoin. This will take place over the next 10-20 years until the current system can no longer sustain itself. Everything will be priced in bitcoin not your countrys fiat currency anymore because paper is not backed by anything. Bitcoin is backed by energy. This has been inevitable since the US went off the gold standard in the 1970s. So now that you got a simple explanation here go out and buy some for your kids if you have any. Any amount will give them a big head start over others who dont realize until 10-20 years from now.

 

Whilst the future for bitcoin is bright, and it will be traded as a commodity, not a currency as Nakamoto intended, your analysis omits one key aspects: Governments call the shots.

 

The big change you refer to, the US going off the gold standard, was a conscious decision made by US politicians. The problem with bitcoin is that it DECREASES the power of governments, politicians and central banks. They have no control, or very little control, over it. Which terrifies them. 

 

That's not good, because governments can make or break bitcoin. For bitcoin to take pole position as you envisage, it will not be enough for more stores to price goods in bitcoin, Bitcoin would need to be supported by governments to make any real breakthrough, and it's hard to see a reason for governments to support bitcoin.

 

Having said that, bitcoin will continue to have a bright future as a commodity, and more businesses may well price more products in bitcoin going forward. But a wholesale takeover as you envisage is unlikely on the facts.

3 hours ago, NickyLouie said:

Bitcoin is still crawling, and the average person can’t even comprehend what’s coming. The elite who actually understand value — and have the sense to HODL — will own the future while the herd stays broke and confused.

Or is it  a case of the "elite " being reduced to peddling their understanding of bitcoin  value on bb's while the 
herd looks on in silent amusement ?

A post with a flaming comment to another member has been removed:

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11 hours ago, NickyLouie said:

Bitcoin is still crawling, and the average person can’t even comprehend what’s coming. The elite who actually understand value — and have the sense to HODL — will own the future while the herd stays broke and confused.

So everything will stay the same as it's always been, then.

Thanks for that incredible insight, and good luck in the herd!

I hate passwords and can't remember where I put my cash, on most days.

 

 

How will I even recall where my BITCOIN might be?

 

Will I need to ask my friend, Elon?

 

 

14 hours ago, angryguy said:

A common political topic here, inflation. Spoken about like its a problem with no solution. Heres how it will play out: the federal reserve prints more dollars, boomers investments all go up priced in dollars. Boomers pass away, their inheritance goes to their kids who buy bitcoin. This will take place over the next 10-20 years until the current system can no longer sustain itself. Everything will be priced in bitcoin not your countrys fiat currency anymore because paper is not backed by anything. Bitcoin is backed by energy. This has been inevitable since the US went off the gold standard in the 1970s. So now that you got a simple explanation here go out and buy some for your kids if you have any. Any amount will give them a big head start over others who dont realize until 10-20 years from now.

Bitcoin is valued in US$. A Fiat currency.

 

You suggest, that in the future Bitcoin will be valued in form of "Energy".

 

- 1 Bitcoin equals x amount of barrels of crude oil? Or:
- 1 Bitcoin equals x amount of globally produced "Electricity"?

 

I would ask you to help me out on this one. I can not see, how those "commodities" could function as a "anchor" for Bitcoin in real life.

Even Bitcoin needs to be "anchored" to something for a "price-finding" measuring stick.

34 minutes ago, GammaGlobulin said:

I hate passwords and can't remember where I put my cash, on most days.

 

 

How will I even recall where my BITCOIN might be?

 

Will I need to ask my friend, Elon?

 

 

The fundamental question is (and remains): Do I want to invest my money in a combination of numbers?

 

It reminds me of the "number accounts" in Switzerland in the olden days. If you lose the number, your money is gone, respectively your access to your money is gone forever.

42 minutes ago, swissie said:

The fundamental question is (and remains): Do I want to invest my money in a combination of numbers?

 

Or, do I wish to invest my money in some other combustion machine.

 

14 minutes ago, GammaGlobulin said:

 

Or, do I wish to invest my money in some other combustion machine.

 

Globally, more and more pensioneers decide to invest in "wine women and song". Especially as sophisticated studies indicate that there is no market for Stocks, Bonds, Gold and Bitcoin once having passed "the pearly gates".

15 hours ago, BLMFem said:

So everything will stay the same as it's always been, then.

Thanks for that incredible insight, and good luck in the herd!

 

still trolling me ?  

 

You a broke AN ?

 

 

On 10/25/2025 at 8:46 PM, Cameroni said:

 

Whilst the future for bitcoin is bright, and it will be traded as a commodity, not a currency as Nakamoto intended, your analysis omits one key aspects: Governments call the shots.

 

The big change you refer to, the US going off the gold standard, was a conscious decision made by US politicians. The problem with bitcoin is that it DECREASES the power of governments, politicians and central banks. They have no control, or very little control, over it. Which terrifies them. 

 

That's not good, because governments can make or break bitcoin. For bitcoin to take pole position as you envisage, it will not be enough for more stores to price goods in bitcoin, Bitcoin would need to be supported by governments to make any real breakthrough, and it's hard to see a reason for governments to support bitcoin.

 

Having said that, bitcoin will continue to have a bright future as a commodity, and more businesses may well price more products in bitcoin going forward. But a wholesale takeover as you envisage is unlikely on the facts.

When fiat cant buy anything what will governments be able to do about it. The harder they resist the change to a new system the more they will hurt themselves

On 10/26/2025 at 10:09 AM, FruitPudding said:

These bitcoin guys are all a bit delusional

These no-coiner guys are all about remaining poor. 

On 10/26/2025 at 7:02 AM, blaze master said:

 

I hear you but bankers have a stronghold on society that way. What if governments criminalize btc ? 

 

What about if quantum computing or AI cracks the block chain? 

Dude Governments are buying Bitcoin.

 

If AI or quantum computers get anywhere near cracking current cryptography, we'll see quantum proof cryptography upgrades. It's all code my friend. Quantum resistant crypto technologies are already being researched. Plus do you think traditional banks and finance would be immune? 

 

Bitcoin is going to $1m per coin and beyond, because it's priced in fiat and the fiat printers keep going Brrrrrrrrrr.

5 hours ago, Conno said:

Dude Governments are buying Bitcoin.

 

If AI or quantum computers get anywhere near cracking current cryptography, we'll see quantum proof cryptography upgrades. It's all code my friend. Quantum resistant crypto technologies are already being researched. Plus do you think traditional banks and finance would be immune? 

 

Bitcoin is going to $1m per coin and beyond, because it's priced in fiat and the fiat printers keep going Brrrrrrrrrr.

 

We will see in the coming years

 

Moooooooooooon

 

 

 

 

How will this work.....there will only ever be 21 million....or is that the major benefit.....no more "creating" money?

3 minutes ago, Will B Good said:

 

 

 

How will this work.....there will only ever be 21 million....or is that the major benefit.....no more "creating" money?

 

This is the squeeze and not just the juice .......

 

1 hour ago, Will B Good said:

 

 

 

How will this work.....there will only ever be 21 million....or is that the major benefit.....no more "creating" money?

Yes that is ONE of the major benefits, scarcity, it already beats silver, plus gold soon on the Stock-to-Flow model.  Some may say, 'Only 21 million Bitcoin ever? how will that work with a global population of over 8 billion and rising?' Don't forget, there are 2.1 quadrillion Satoshis [minus however many may be in lost wallets] so still more than enough to go around. The day isn't that far off when holding even 50,000 sats will feel like something special. Owning 1 Bitcoin will put you in the 1%. Given enough time, then 1% of the 1%.

 

If you are betting against Bitcoin, you are shorting human ingenuity and going long on fiat, bad move. We have already gone from zero to a recent all time high of $126,000 how much higher does it need to move before the penny drops with the naysayers?   

3 hours ago, Conno said:

Yes that is ONE of the major benefits, scarcity, it already beats silver, plus gold soon on the Stock-to-Flow model.  Some may say, 'Only 21 million Bitcoin ever? how will that work with a global population of over 8 billion and rising?' Don't forget, there are 2.1 quadrillion Satoshis [minus however many may be in lost wallets] so still more than enough to go around. The day isn't that far off when holding even 50,000 sats will feel like something special. Owning 1 Bitcoin will put you in the 1%. Given enough time, then 1% of the 1%.

 

If you are betting against Bitcoin, you are shorting human ingenuity and going long on fiat, bad move. We have already gone from zero to a recent all time high of $126,000 how much higher does it need to move before the penny drops with the naysayers?   

 

 

Cheers.

 

Bought way, way back and sold as it rose, playing with house money now....but wish I'd kept the lot.

On 10/26/2025 at 3:17 PM, swissie said:

Bitcoin is valued in US$. A Fiat currency.

 

You suggest, that in the future Bitcoin will be valued in form of "Energy".

 

- 1 Bitcoin equals x amount of barrels of crude oil? Or:
- 1 Bitcoin equals x amount of globally produced "Electricity"?

 

I would ask you to help me out on this one. I can not see, how those "commodities" could function as a "anchor" for Bitcoin in real life.

Even Bitcoin needs to be "anchored" to something for a "price-finding" measuring stick.

Hmmmm.... still no answer to this crucial question.

2 hours ago, swissie said:

Hmmmm.... still no answer to this crucial question.

Listen to a Jack Mallers podcast for an in depth insight. He explains it way better than I can. It's not just related to the electrical energy expended in mining the coins or the oil or gas or coal or nuclear or renewables used to generate that electricity, but more importantly it is related to the preservation and the storing of human time and energy. It comes down to the very basic fundamentals of what money actually is. If you are wanting a commodity to link Bitcoin to directly it's that, human time and energy. Another reason Bitcoin is so successful and will continue to be going forward is because of it's radical nature which the casual observer just won't get. It may not be perfect, but it is the best form of money so far invented by humanity. 

 

Watch a Jack Mallers podcast if I don't make sense, a 31 year old billionaire who looks 12.