Bitcoin is RIPPING with no sign of slowing down | Rajat Soni, CFA on Binance Square

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Rajat Soni, CFA

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Bitcoin is RIPPING with no sign of slowing down

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37

0

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Rajat Soni, CFA

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The housing market is being used to keep the working class working for as long as possible In the current financial system, the wealthy own all of the houses because houses are a great way to earn cash flow and store wealth Banks allow individuals and businesses to borrow as much money as they want to buy as many houses as they can if they're wealthy Bitcoin fixes this

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Some people are still waiting for $10K Bitcoin 😭

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There is no second best when it comes to: 1) Bitcoin as a savings vehicle (risk-free) 2) MSTR as an investment (risky) No other crypto can catch up to Bitcoin's network effect No other company will catch up to @Strategy's Bitcoin stack As Bitcoin becomes more widely adopted, both of these points will become more obvious

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As Bitcoin's price goes up, more people want it There will be more buyers at $1M than there are today at $118,000

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You see someone driving a $100,000 car, but you don't see the monthly payments You see someone going on a $10,000 vacation, but you don't see their credit card statements You see someone living in a $10,000,000 mansion, but you don't see their 60-to-80-hour work weeks Don't try to live someone else's life unless you know what's happening in the background - trying to look rich is VERY expensive

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