▶️ Watch on 3Speak
If the avg. American allocated money to buying Bitcoin instead of buying lottery tickets, after 5yr that allocation would amount to $5000 in Bitcoin. Factor in anticipated Bitcoin appreciation over the next 5 yrs, Bitcoin is a guaranteed winning lottery ticket
https://www.cnbc.com/2019/07/20/heres-why-so-many-americans-cant-handle-a-400-unexpected-expense.html
https://www.cnbc.com/2019/12/12/americans-spend-over-1000-dollars-a-year-on-lotto-tickets.html#:~:text=Customers%20buy%20Mega%20Millions%20tickets,of%20the%20%241.6%20billion%20jackpot.&text=You%20have%20about%20a%20one,grabs%20in%20Friday%20night's%20drawing.
▶️ 3Speak
Dan held sure knows how to put things in perspective, lol I wonder how many of his tweets turn into BTC purchases on Kraken. The more I think about it the more BTC is the only trade that makes sense in this current market and where we are heading.
My local currency is shitting the bed faster and faster and South African's rely a lot on the dollar since we have a lot of US debt and exports and tourism are big for us. The fact that the US and EUR has tightened up and travel bans means our shitty economic policy is being exposed majorly and its only a matter of years before we hyperinflate in my opinion.
While American citizens need helicopter money which I think is the next step either with a fed coin or using the treasury general account in the meantime, the world needs Americans to spend too.
I've been buying BTC as much as I can afford at the moment, at this point I can't see anything else, perhaps a kruggarrand or 2
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Oh you from South Africa...cool. Yeah, I really think BTC is a no lose situation based on the Smart Money acquiring btc by the truck load these days.
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Do not miss the last post from @hivebuzz:
What !!!???
There will be 26 MLN BTC ?
Did they managed to change the algorithm ??? :)
Btw, BTC mining will end by year 2140, when the last block, worth only 1 satoshi will be mined. And since 1 satoshi is the smallest (by todays algo), no further halvening, and no more mining will be possible since then.
Another interesting thing - in the last 40 years ( 2100-2140) - less than ONE full BTC will be mined. All together. Combined. World wide !
This is probably the most FUN fact I know about Bitcoin
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Great catch...my bad...21 million not 26 million...I need to get to my 1 btc before it's too late :)
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