BTCUSDT
Bitcoin / Tether USD
crypto Composite

Bitcoin's 21M cap is a double-edged sword for sure. On one hand it creates scarcity and drives up value but long term it could make BTC impractical as a currency especially with lost coins reducing supply even more. Deflationary pressure is great for HODLers but not so much for spending and economic growth. And yeah the fixed supply doesn't account for population growth at all. BTC might need to evolve somehow to stay viable in the future. Thought-provoking post!

Why BTC is flawed

When BTC reaches 150,000-250,000 this year, many will want to lock in their profits while others will buy Bitcoin on the wave of hype. This will lead to network congestion, delays and high fees, then many will start sending requests like "Which cryptocurrencies have low fees" or "Which cryptocurrencies have fast confirmation times". This will be the star hour of XNO, the best marketing.

Unable to withdraw BTC from vault wallet despite approving

This BTC edging near ATH got me so nervous

The sub is still missing retail despite BTC being at ATH prices

I understand I would think the same but if BTC is growing by 30% plus annual and your mortgage is 4.5% it's just being smart with the numbers .
I have a small amount left on my mortgage which I can easily pay off, I'm always arguing with myself to pay it off but then I see my BTC proxi (mining stocks/mstr) potential and I'll wait I think.

Let’s say this were true. The average investment in BTC would likely be about a few hundred dollars.
The average investment of gold holders is still significantly higher and gold currently still holds a much larger trust from most high value investors.
This will change at the point where Bitcoin largely stabilizes (likely sometime around 16 years from now).

Here are the most popular stocks by unique comment mentions from the past 24 hours:
|Ticker|Mentions|
|:-|:-|
||
|ASM|5 🍆💦|
|CBA|4 🍆💦|
|DTR|3 🍆💦|
|MTM|3 🍆💦|
|OFX|3 🍆💦|
|S32|3 🍆💦|
|LTP|3 🍆💦|
|EOS|3 🍆💦|
|ADT|2 🍆💦|
|BTC|2 🍆💦|
*I am a bot, and this action was performed automatically. If you have any feedback or questions, please reply and tag* [*DareBottle*](https://www.reddit.com/user/DareBottle/)*.*

Can it really be classed as an ATH if it’s not an ATH in all currencies? We’re still around £9000 a way from ATH in £. Is the USD price really an ATH, if the dollar has decreased in value so much?
Any thoughts on how we value BTC without comparing to other currencies?

*Saifedean Ammous is a legendary figure in the Bitcoin industry. Many people owe their introduction to the world’s leading digital currency to his book The Bitcoin Standard. This literary work has helped thousands realize the value and importance of cryptocurrency.*
But what is this widely translated book actually about? First and foremost, it argues that modern state-issued money is broken. None of today’s fiat currencies are backed by anything tangible, and all of them steadily lose purchasing power thanks to central banks' relentless money printing. Most people accept this as normal. But it wasn’t always this way.
**A brief history of money**
Throughout history, humanity has used various forms of money: from beads and shells to the first metal coins. A turning point came at the end of the 18th century, when the gold standard gained popularity and gold eventually became the world’s dominant monetary metal.
This was the era of hard, reliable money. Global trade flourished, artists created timeless masterpieces, technological innovations emerged, and together these factors significantly improved quality of life. People developed low time preference, prioritizing the future over instant gratification.
Hard money kept governments in check, forcing them to operate transparently and within limits approved by the public. But states have always sought to monopolize money production and manipulate it at will.
**The end of the gold standard**
Governments got that chance in the 1930s during the Great Depression, when nations began considering a break from the gold standard. This happened with the help of British economist John Maynard Keynes, who gave states exactly what they wanted — a tool for monetary control.
According to Keynesian theory, the economy is driven by aggregate spending. In order to stimulate growth, governments should increase public expenditures and devalue the currency. Citizens, meanwhile, should be discouraged from saving and encouraged to spend more.
His ideas radically changed macroeconomic theory and government policy. As a result, on August 15, 1971, U.S. President Richard Nixon announced the end of dollar convertibility into gold — marking the global departure from the gold standard.
Replacing hard money with fiat currency turned leading economies into centralized, planned disasters. That’s why we now have “easy” money that distorts real value and enables governments to confiscate wealth from the public.
**How Bitcoin was born**
But there’s a way out. In 2008, an anonymous developer under the pseudonym Satoshi Nakamoto proposed a solution: Bitcoin. This project gave humanity a chance to revive the gold standard — only in digital form.
Bitcoin is modern decentralized hard money with no single point of failure. It cannot be manipulated by any government. Its algorithm enforces a strict issuance cap — there can never be more than 21 million BTC.
Bitcoin mining is a complex, resource-intensive process that requires expensive specialized hardware, meaning it’s impossible to “print” more coins on demand. The asset has a deflationary nature and increases in value over time. When Saifedean Ammous wrote his book, Bitcoin was priced around $4,200. Since then, it has surpassed $100,000 and continues to climb.
**The benefits of Bitcoin**
Bitcoin isn’t just the best store of value. It’s also a convenient tool for cross-border payments. Unlike banks, it operates 24/7 and, thanks to the Lightning Network, enables fast and low-cost international transactions.
It’s also a tool for resisting authoritarian regimes. Activists and ordinary citizens alike can protect their savings and maintain privacy using Bitcoin. As long as private keys are secure, no one can access your coins.
It’s even a “golden parachute” for victims of war. Fleeing a country, it’s much easier to remember a 12-word seed phrase than to smuggle cash or valuables across borders.
Ten years ago, governments tried to ignore or ban Bitcoin. Today, more and more nations are taking it seriously and even adding BTC to their treasuries.
All of this proves that the author of The Bitcoin Standard was right: Bitcoin is becoming the money of the future.

It’s going to be glorious when normal people fomo.
The fact that we live in age where only one TikTok video can spark a huge viral catalyst.
I bought BTC high and yet somehow I still feel like I bought at $10,000.
HODL!

My opinion is that BTC is too big for this to matter. It's a steamroller and doesn't care what anyone thinks should happen. If it wants to rip, it'll rip, and whatever else happens along the way too. Officially, nobody knows shit about fuck

Afaik you can’t send BTC to EToro to sell it.

Some people argue BTC has no intrinsic value because it's not backed by a physical asset or government guarantee.

How did blackrock add 287M in BTC? They purchased it in one of their managed funds?

Can’t convert my BTC to GBP on EToro money

What if BTC dominance never drops again?

I just thought that a conversation on this would be more beneficial then some of the usual....
Is 0.1 enough BTC...
Or I found an old bitcoin wallet..
Is it too late to buy..
Lol

"The elecricity used to mine it" does not give BTC value. By the same logic if I dig holes in my garden and cover them my garden becomes more valuable because of the energy I expended. BTC's intrinsic value is only in being a secure ledger that does not require trust in a third party - and in more recognized than other such ledgers that came later.