And there is one more really BIG gatcha with trading out of bitcoin.
At some point, bitcoin will go no bid.
There will probably still be a "price" on exchanges, but no one will be able to get any bitcoin.
People doing trading, in and out between dollars and cryptos
are going across a rickety bridge.
We all know the bridge is going to collapse... but its worked for the last 10 years... mostly.
Its only been closed a few times... at key moments...
Anyway, how much money do you need?
One bitcoin will be worth $1,000,000
You could retire on just one, just sitting on it.
But, in the end, the question comes down to when?
When will the bridge snap?
When will adoption happen?
If the dollar actually collapses, how fast will ocean traffic start using bitcoin?
Bitcoin going no bid would be interesting. At that point the dollar will have no value and probably no purpose as everything is being bought and sold in bitcoin.