Thursday, March 14, 2024

Supply and Demand



Bitcoin has no intrinsic value and is approaching its maximum available supply. And if I recall my Economics 101 correctly, if the supply of something is fixed … and there is any demand … the potential price is infinite … and infinity is a very large number.


So Pilgrim, “experts” predicting huge gains in Bitcoin are likely correct … and trillions are to be made by the foolhardy … until the magic ATM runs dry and we are reminded what Black Monday, 1929 was like …poof … trillion$ disappear in seconds!


Therefore do not be surprised when someday this cryptocurrency world comes to an end …



STAND UP TO SPECULATION!


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