El Salvador is stacking #Bitcoinimage
In 30 years A burger and fries will cost $75, A vacation $68,000, And a basic car $198,000 (only $1,400/month with 240 months amortization - a steal!)image
Today's trading scene hasn't changed much since the last update. $BTC is holding steady, finding a comfort zone under its recent pattern of higher lows. If Bitcoin dips below the $61,500 mark on the daily chart, we could see it slide towards $58,000. $ETH is in a similar position, closely watching the $3,000 level. A close below this could lead Ethereum to fall towards $2,500 or possibly even lower.image
My #Bitcoin orange pill moment was understanding that real estate investing is extortion
Personal finance and #bitcoinβ€―β€―β€― go hand in hand: Live below your means and save the difference When you save in Bitcoin, your purchasing power is almost guaranteed to go up every 4 years
Baby boomers spent their entire lives buying homes and paying them off, dealing with tenants, etc In a few years, Gen X, Millennials, and Gen Z will be able to buy those homes for the equivalent of 0.5 #Bitcoinβ€―β€―β€― or less Today 0.5 Bitcoin costs ~35,000 USD, and a house costs ~$400k-$500k Why am I so sure of this? Bitcoin is superior to real estate as a savings technology and most baby boomers have ZERO ALLOCATION Most of the supply of Bitcoin is held by people who have some understanding of the technology Most baby boomers don't even know how to properly use a computer (if you do, YOU'RE UNIQUE) They will be the latest adopters of digital money If your goal is to buy a home, STUDY BITCOIN FIRST, and THEN decide.image
So far, Blackrock clients accumulated ~260,000 #Bitcoin in 60 trading days - 4.3k/day Eventually, they will be consistently buying under 100 Bitcoin per day... Not because buyers are not interested in the asset, but because they won't be able to afford what sellers want in exchange. IMO $10M+ per Bitcoin will be the floor price within 20 years