A plea to the Bitcoin wealthy (you know who you are)
Please, use your newfound wealth to help others: Insist on making your purchases in Bitcoin. Once you get to a certain level of wealth, businesses will bend over backwards to get your business.... insist that they accept payment in bitcoin directly. It doesn't matter if they exchange it to fiat afterwards... the point is they won't get your (substantial) business unless they are equipped to accept payment in bitcoin. Start with the larger purchases first, which means it will be the bitcoin wealthy.... use your wealth to further the transition for the rest of us!
Could Bitcoin theoretically be "destroyed" if say an insanely wealthy group of people/government accumulated like 90% of all the Bitcoin in existence?
We can get into quite heated arguments at the office when we try to collectively answer questions like this but for once, we generally agreed on two assumptions that would have to happen for this theoretical scenario to pan out:
A state/government would devalue its money less quickly than the market price of Bitcoin would rise if they started buying it up (90% is practically every satoshi in existence now).
All the owners would have to agree to sell to the same entity.
Wealthy Bitcoin critic Peter Schiff is soliciting BTC birthday gifts for his son
This post was originally published on this siteThis post was originally published on this site Peter Schiff, a popular mainstream financial commentator and gold advocate, recently told people to send Bitcoin (BTC) to his 18-year-old son. “Since so many of you Bitcoin guys are ribbing me because my son [Spencer Schiff] bought Bitcoin, why not really rub it in by gifting him […]
“Bitcoin [BTC] is not “money for the people” That narrative is delusional. Bitcoin today is for the 1%. It is for those that are well educated. For those with disposable income. If the Bitcoin network succeeds the value will accrue to those already wealthy today.“
Another deep global recession is coming, and businesses WILL feel the pinch all around the world, a lot of businesses will not survive. At the same time Bitcoin will be following Gold to far higher prices. There will be a lot of the new Bitcoin wealthy serarching for a place to spend their newly acquired riches. The first luxury car brand to accept bitcoin will take all of that bitcoin revenue from other luxury car brands and they will weather the recessionary storm better than their competition. The first international hotel brand to accept bitcoin will take all of that bitcoin revenue from other international hotel brands and they will weather the recessionary storm better than their competition. The first realestate agent brand to accept bitcoin will take all of that bitcoin revenue from other realestate agent brands and they will weather the recessionary storm better than their competition. The first international airline brand to accept bitcoin will take all of that bitcoin revenue from other international airline brands and they will weather the recessionary storm better than their competition. Accepting Bitcoin will become a form of shelter to help protect businesses from the coming recession, and whoever does not accept Bitcoin in time will lose all of that potential revenue to their competition who did accept Bitcoin in time. During the next recession as hard times hit it will become a race to accept bitcoin before your competition. Get your business bitcoin ready NOW and when the time is right flip the switch to accept btc!
Learn what is Bitcoin and why it’s modern digital gold, where to buy it and how to store it, what Bitcoin wallets and exchanges to use, how to use Bitcoin practically and access top Bitcoin resources. Leverage. There are 3 major ways to leverage Bitcoins to grow your wealth. You can trade cryptocurrencies profitably, mine Bitcoins & altcoins, and leverage the best crypto affiliate marketing ... The Bitcoin Wealth ist eine exklusive Gruppe für Leute die das wahnsinnige Finanzpotential von Bitcoin erkannten und damit ganz leise super reich geworden sind. Mitglieder des Bitcoin Wealth genießen das Reisen um die ganze Welt während sie mit nur ein paar Minuten „Arbeit“ pro Tag von ihrem Laptop aus Geld verdienen. Hier sind ein paar unserer bisherigen Ausflüge: Hör von unseren ... Bitcoin Wealth verspricht Renditen in Höhe von 20 bis 100 % des eingezahlten Kapitals. Diese Gewinne werden laut Aussage auf der Plattform völlig automatisch über Nacht generiert. Wir halten diese Summe für unmöglich, selbst wenn wir die starke Volatilität beim Kauf der Kryptowährungen mit einbeziehen. Wenn Sie die Seite besuchen, erhalten Sie die Info, dass zusammen mit Ihnen gerade ... Bitcoin Trading will make you wealthy. Will you be the next Bitcoin Profit Millionaire? Trade Bitcoin Profitably with the Bitcoin Profit Trading App! The Bitcoin Profit trading system offers the easiest and the fastest way to earn crazy profits on crypto volatility. Our robot bets on bitcoin against fiat and crypto and at a leverage of up to 5000:1. This leverage brings about a daily ROI of up ... Das Bitcoin Wealth Konto In einem Video werden einem zunächst die Vorteile von Bitcoin an sich und die rasante Kursentwicklung über die letzten Jahre näher gebracht. Zusätzlich gibt es eine graphisch dargestellte „Expertenprognose“, die darlegen soll, wie reich man mit dem Krypto Robot werden kann: Ein Bitcoin könnte demnach „in ein ...
Real people building real wealth - with Bitcoin. Always discovering new ways to make money and grow wealth with Bitcoin and other cryptocurrencies. Investing... Join my Bitcoin wealth formula group for the best way to earn money just holding onto your money! https://www.facebook.com/groups/bitcoinleaders You've just ... Rich investors buying Bitcoin, the dollar is in big trouble! 💥 DEBIT CARD - $50 FREE https://cryptolark.co/DEBITCARD *** code is cryptolark 🔥 WEALTH MASTE... Make sense of all the crytocurrency news and opportunities flying around. And, more importantly, find out how you can be guided and educated in a powerful an... Can .28 Bitcoin Make You Wealthy? ₿ For New or EXISTING Coinbase users Get $10 free EOS https://www.coinbase.com/earn/EOS/invite/jckh2g5m Get $10 free Stella...