Hong Miyagishima KUr4

$BTC , #Bitcoin❗ , #bitcoin , #criptomoeda
my opinion:

Trump wants a strong America,
A strong America is a strong dollar,
A strong dollar is power and influence to decide conflicts,
Elon Musk started to clean up with the help of Congress,
Currencies have lost value and this value will be transferred to the dollar,
Right-wing governors tend to govern well, a good government reduces inflation by increasing the power of its currency.
The main cryptocurrency that takes power away from the dollar is bitcoins, because governments have no control over it. Bitcoins are like a bleeding that the government has no control over, the government has easy control over the other cryptocurrencies, the value of all cryptocurrencies has fallen to move power to the dollar, bitcoins are the ones that will fall the least, because it is the only cryptocurrency that governments do not have massive control over, the function of BTC is to protect your assets from a global crisis and high inflation of the dollar, which is the main one, if there is a decrease in inflation and a global crisis, bitcoins lose value, because it is inflation and a global crisis that makes bitcoins truly useful, if there is inflation and the beginning of a crisis, it gains value again. It depends on Trump's promises for the future of America and the end of the war in Ukraine. I think the end of the war will see the reparation of the affected territories, the end of the current Ukrainian government with new elections, the removal of sanctions applied to Russia, 1/3 of the sanctions of Russian allies will be reviewed, NATO will take action in the reconstruction and guarantee the permanence of the treaty until the normality of the territories is restored and new elections are held. Israel will have carte blanche to retaliate with force against attacks in the Middle East, and the confiscated Russian reserves will be distributed.

$BTC , #criptomoeda , #bitcoin

1 - Millions of BTC have dead value, this value increases with the growth of global dementia and the death of bitcoin holders, reducing the useful life of the currency between generations.

2 - BTC cannot be fractioned to more than 8 decimal places, there is no value smaller than 1 satoshi (0.00000001 BTC).

3 - 67% of humanity has some access to the Internet (inflated total).

4 - 78% of humanity has at least 1 cell phone (inflated total).

5 - 56% of humanity lives in urban areas (approximate estimate).

6 - 44% of humanity lives in rural areas (approximate estimate).

7 - Social inequality has increased, 50% of the poor own 2% of global wealth (approximate estimate), global implementation of cryptocurrencies is decreasing.

5 - More scarcity generates more volatility, which generates an increase in unit price as a side effect.

6 - BTC tends to be centralized in groups with high power of influence, becoming more powerful than governments as they approach a hyperbitcoinization scenario.

7 - Not viable on a global scale for buying and selling products at satoshi prices, extremely unstable and volatile, a brain chip would probably reduce instability, allowing viability.

8 - Function as savings in the event of a global crisis like the one that occurred in 2008

9 - The only digital currency that is not influenced by wrong government actions, maintaining its growing value in times of global crisis (within the validity period), the others can be easily manipulated by the government.

10 - Starlink, Elon Musk's cell phone and its banking functions and neural chip can facilitate access to cryptocurrency manipulation regardless of socialist or dictatorial government restrictions.

$BTC #bitcoin will never be a global currency in my view.

1. Less with more will always lead to negativity.

2. It is estimated that 44% of the world's population lives in rural areas.

2. It is estimated that 67% of the world has access to the Internet and 78% has at least one mobile device (cell phone).

3. Totally dependent on the Internet, even with Starlink becoming extremely accessible, dictatorial governments like in Venezuela and Cuba, could easily become a crime. For example, the Cuban government depends on remittances from Cubans abroad, but this is decreasing as families also leave the country, 18% of the population left in 2022 and 2023, Bitcoins would not keep these people in Cuba.

4. It has a limit of 8 decimal places, the smallest value is called satoshi (0.00000001).

5. Fewer bitcoins result in more volatility in the market, more fractional prices become more unstable, but the side effect is their increasing value over time. For purchases of products with very fractional values, such as prices in satoshi, before starting the act of making a purchase, you notice the instability of the currency. When you decide to buy a product that would cost 10 satoshi at that second, its price goes up or down thousands of times before the transfer, basically becoming a gambling game. It is the businessman or the customer who wins the most, there is no fixed value.

6. Millions of Bitcoins already have a dead value, they will never enter circulation, they increase as people lose their passwords, acquire dementia due to age, poor health or the death of the same person taking the bitcoins with them to the grave, shortening the useful life of the bitcoins. Less with more will never give a positive value.

7. The trend of bitcoins is the centralization of most of it in groups that have been there since the beginning, with a concentration of power greater than all those who entered the network late together, becoming a single government group, dictating rules in society, whoever does not have this system will not be able to buy or sell, the high volatility and instability will be the downfall.

A question I always ask about $BTC , #bitcoin

My view:

1. Bitcoin is divisible up to the eighth decimal place (0.00000001 BTC), also called satoshi, the decimal limit.

2. Highly volatile, almost unviable on a global scale for daily trading, focused on investment and not on everyday use.

3. Example: a person goes to a store, sees the price of the product on a screen, the price varying several times per minute, at the time of purchase, the price of 1 satoshi has already increased hundreds of times, because the scarcer it is, the more volatile it becomes.

4. Modern people are more prone to dementia, such as Alzheimer's, making it easier to forget passwords, emails, places, keys, dates and important things. An analogy would be the American warehouses with high-value personal items lost in oblivion and deteriorating over time, whether they belong to living people or deceased loved ones.

5. Japan is one of the main countries that accept bitcoins. It has a problem with population decline, as it is a very antisocial and isolated people, they do not leave heirs, streets and neighborhoods are becoming deserted, because there are no heirs. By 2050, more than half of the population will be elderly. One of the reasons that will make bitcoins scarcer is that as the population ages and dies, there is less circulation of currency and extreme volatility.

$BTC #bitcoin What is your opinion on the future of bitcoins after all 21M are mined?

My view:

0. Mining will end in 2031 if the extraction trend remains at 328 thousand per year. Bitcoins are not gold, because gold is mined and compensates for losses between generations.

1. Millions have already been lost and will never circulate.

2. The number of people who own them will limit social implementation. El Salvador allowed bitcoin trading, but it is difficult to find establishments that accept this currency (based on some videos on YouTube)

3. Only for countries with easy access to the Internet (there are few), but Starlink would make it easier (it depends on whether the country does not have dictatorial tendencies like Brazil in the future).

4. It will depend on Trump whether he will buy 200,000 bitcoins, which could increase the price. If China has a huge reserve, it will be a big problem. It will devalue the dollar and bring down bitcoins, taking them out of circulation in the long term. No government would like to compete with a currency without control. Governments are already smarter about this type of decentralized currency.

5. Very few places that accept it. They are usually high-end places, such as supermarkets with high-quality products. I recently saw one in Rio de Janeiro that started implementing it.

6. Miners will depend on fees. They may gradually migrate their facilities to AI development and game development.

7. Transactions will be more expensive due to high demand.

8. The useful life is apparently limited to one generation. There will be fewer and fewer bitcoins in transactions as people die and keys are lost.

9. The rarer it is, the fewer people will have access to it, similar to a rare stone that only has a function in jewelry

10. 150,000 bitcoins in circulation daily, 360,000 daily transactions, 0.14% compared to the 250 million daily transactions in the Brazilian PIX. The dollar has billions of daily transactions, a global implementation is difficult