No one is coming for your unrealized gains
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Belize > El Salvador
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The guy who owns 12% of Bitcoin is here to tell us how great it is and that everyone should use it. I'm shocked.
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I forgot to mention them just issuing more bitcoin as much and whenever they like.
Like I said there is NOTHING backing bitcoin. Not a damn pennies worth. The folks that started though are multi billionaires…
I'm not convinced.
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Theoretically, there is a limit on bitcoin mining and a scheduled termination in 2040. Theoretically.
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Bitcoin halving is coded to occur once every 210,000 blocks, or roughly every four years, and will continue in this fashion until
the final supply of 21 million BTC is reached
. It is assumed that the last BTC will be mined in 2140.
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Anything stopping them from making more?
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Promises from someone. Take that to the bank - or not.
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Still Doesn’t have an intrinsic value though.
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Also one would need internet to use bitcoin would they not? I keep forgetting to ask that one.
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That's why I would invest in gold. The metal has be highly valued for thousands of years.
Inside the innermost coffin laid King Tut's mummified remains clad with a golden death mask in the Kings likeness. The 22 pound mask sits 1.8 feet tall and contains a total of 321.5 troy ounces of gold. This gives it a value of about $804,000 just its weight in gold (321.5 x $2,500 an ounce).
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You are to be congratulated for having a net worth of over $100 million. Not sure why the rest of the gals are so worried about their unrealized capital gains.
