USA

Different-Hyena-8724

Come July 30, we will see Q2 GDP data released. If it shows a decrease that would officially be a recession in the USA. Does that topple any run up in the cycle or do you think it plays out into Oct/Nov/Dec time frame?

nevrmindmusic

They did say to save money for 3-6 months. It also depends on where you live. If you're in the wonderful USA then maybe 50k ain't bad in case you twist your ankle and need to go to the hospital...

ConfuciusYorkZi

idk how tax works in USA, but I have read through threads on how they are gaining dividends to reinvest back into MSTR and BTC, through MSTY. I dont live in US, but do play MSTY. I would recommend researching about MSTY and adding a little bit to your portfolio so you can use more dividends to stack more BTC and MSTR. Your're doing so well, I wish you the best. For MSTY info, can find at Yieldmax ETF's reddit page.

Tuatha_na_Greine

canada is not as in bed with certain tribes of people as the USA, and the majority of them are heavily involved in finance and see the great white north as a risk

thudufushi

i went on holiday to the USA in 2017 and spent btc using a visa btc card like it was free money because i had doubled the value of my investment, i was spending btc at 700 dollars a coin.

True-Minute-9542

Unfortunately WOS came into some legal battles and is no longer allowed to operate in the USA. This hard lesson here is “not your keys, not your coins”.

voyager14

Can someone answer do you pay taxes if you pay with the bitcoin? Instead of selling for fiat? (USA)

Amber_Sam

That's correct for quite some time already. I'm using Bitcoin almost on a daily basis. Buying groceries, paying for meals, taxis, domains/hosting, VPN... If you're thinking about spending some, here are my favorite directories: http://lightningnetworkstores.com/ https://btcmap.org - awesome map, you can even add your local vendors in, once you orangepill them. https://acceptlightning.com/list.html https://spendabit.co/ https://directory.btcpayserver.org/ There's also an option of buying gift cards https://thebitcoincompany.com/ https://bitrefill.com https://www.egifter.com/buy-gift-cards-with-bitcoin - this one's least fave because they use a shitty custodian for payments but are handy for a few cards. Spend and earn some sats back: https://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin https://www.lolli.com – save up to 30% by spending BTC anywhere but primarily USA stores https://satsback.com/stores-list - save up to 20% by spending BTC anywhere but primarily Europe stores

na3than

You're exhausting. Can you even remember what you're arguing? You said: >The biggest threat to Bitcoin would be for the USA to pay off their debt I asked: > How, exactly, do you envision the United States paying off $36,000,000,000,000 in debt in a way that would strengthen the dollar? What would it settle those debts with, if not more dollars? You answered: > I’m saying it’s an impossible scenario, unless you get rid of the federal reserve as a starting point lol, then yes how could the US pay off their debt idk. Now you're saying >Getting rid of the federal reserve has nothing to do with paying off the debt. If getting rid of the federal reserve has nothing to do with paying off the debt, why was that your answer to the question "How, exactly, do you envision the United States **paying off $36,000,000,000,000 in debt** in a way that would strengthen the dollar?"

na3than

You're exhausting. Can you even remember what you're arguing? You said: >The biggest threat to Bitcoin would be for the USA to pay off their debt I asked: > How, exactly, do you envision the United States paying off $36,000,000,000,000 in debt in a way that would strengthen the dollar? What would it settle those debts with, if not more dollars? You answered: > I’m saying it’s an impossible scenario, unless you get rid of the federal reserve as a starting point lol, then yes how could the US pay off their debt idk. Now you're saying >Getting rid of the federal reserve has nothing to do with paying off the debt. If getting rid of the federal reserve has nothing to do with paying off the debt, why was that your answer to the question "How, exactly, do you envision the United States **paying off $36,000,000,000,000 in debt** in a way that would strengthen the dollar?"

na3than

>The biggest threat to Bitcoin would be for the USA to pay off their debt How, exactly, do you envision the United States paying off $36,000,000,000 in debt in a way that would strengthen the dollar? What would it settle those debts with, if not more dollars?

Xryme

The biggest threat to Bitcoin would be for the USA to pay off their debt and deflate the US dollar. The Federal Reserve won’t allow deflation as they consider it harmful. They will push into negative interest rates to make sure this never happens.

MistakeGlittering581

USA iS tHe OnLy CoUnTrY

GambleToZero

The USA economy must be terrible. The only country where BTC consistently keeps hitting new ATHs

Emergency_Egg1281

WTF - USA to post a 6% GDP 2nd quarter.

rohituli

Try “bitcoin well” for self custody btc purchases… supports Canadian and USA friends!! Highly recommended!!!

belle-4

According to most bitcoin gurus and Fidelity Investors, Bitcoin will go to $200,000 this year and is set to go to a million in five years. That’s why the USA is buying it up along with other governments. Get a cold wallet but tell nobody that you have it or invest in it.

EvilSavant30

u cant have a main currency especially in USA where u cannot print/make more lol

bizaroo933

I have the feeling this China - USA tariff deal will be another sell the news event. We got today this pump only because there will be a deal. Watch how hard it will dump if the news will come out

IndependentMean7951

Just stop printing dollars dumbass government oh wait you can’t your too human and humans are greedy. (I mean if I had control of the money printer, I couldn’t resist paying myself like the USA gov does tbh)

TheDoge420

USA hodl BTC

Hefty-Profession-310

As it exists right now, Bitcoin is not a currency. It is no different than other speculative commodities. It's practical use-case exists only in a possible progression that requires a lot of institutional buy-in, and that isn't inevitable or predetermined. "Owning a lot of bitcoin can only give you the power to sell it for something else. And you can only do that once since they can’t make more of it." Owning half of all the Bitcoin, and the ability to buy more *will* allow you to manipulate its price to a significant degree. That is a major level of control. You clearly agree with your "shock the price upward". The fact USD isn't prone to this level of volatility is a big reason its the world reserve currency, along with the military, political and economic force exerted by the USA.

punishGoalhanging

Places that have stablecoin regulations 1. Canada 2. EU 3. Hong Kong (date of implementation August 1, 2025) 4. USA (if it can pass Congress) Stay tune and see if Tether will comply with regulation or leave these markets. If Tether is leaving all the markets with regulation, maybe we should be asking why. Also, about $50 billion have been sold by none-purchased crypto in the past year from miners, coin founders, exchanges, hackers. I don't think it is sustainable in the long-term

Amber_Sam

I prefer spending bitcoin instead of buying fiat. Here are my favorite directories: http://lightningnetworkstores.com/ https://btcmap.org - awesome map, you can even add your local vendors in, once you orangepill them. https://acceptlightning.com/list.html https://spendabit.co/ https://directory.btcpayserver.org/ There's also an option of buying gift cards https://thebitcoincompany.com/ https://bitrefill.com https://www.egifter.com/buy-gift-cards-with-bitcoin - this one's least fave because they use a shitty custodian for payments but are handy for a few cards. Spend and earn some sats back: https://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin https://www.lolli.com – save up to 30% by spending BTC anywhere but primarily USA stores https://satsback.com/stores-list - save up to 20% by spending BTC anywhere but primarily Europe stores As for non-KYC swapping, look at BISQ, robosats, peachbitcoin or vexl. Bitcoin meetups are handy for cash swaps too.

Bubble_2009C

Wallet of satoshi is forbidden in USA, but u can use other way to spent sats. For example, if you had telegram you can simple use sats.mobi

Emergency_Egg1281

Im not complaining. I own a home , im old , I made it through Covid , and Joe. Live 3 miles from Central Command, so im pretty much , loving life in the USA !!

vattenj

This is an interesting question about who founded USA and who are still running it I looked at those very first banks like BNY, that was established by the grounding fathers of US. At that time, they were indeed part of the state organization. But then later on, especially after Federal Reserve Act in 1913, FED become considerably more independent As I understand, the government can only appoint regional FED central bankers as FED chairman, and the government has 4 years cycle, banks want to be independent from always changing politics, so it is very difficult to say who has the real decision making power here But there is always power shifts, recently we have seen more influence from presidents, what will that bring is interesting to observe

Archophob

a simple google search would already have answered your question, but you obviously didn't ask to get an answer. [https://www.google.com/search?q=bitcoin+in+developing+countries](https://www.google.com/search?q=bitcoin+in+developing+countries) [https://datareportal.com/reports/digital-2022-big-rise-in-cryptocurrency-ownership](https://datareportal.com/reports/digital-2022-big-rise-in-cryptocurrency-ownership) [https://cointelegraph.com/learn/articles/bitcoin-adoption-by-country](https://cointelegraph.com/learn/articles/bitcoin-adoption-by-country) the highest percentage of bitcoin users among working-age internet users according to this graph: [https://images.squarespace-cdn.com/content/v1/5b79011d266c077298791201/2d910be8-cc6c-4b67-a910-1495ad64d64d/Ownership+of+Cryptocurrency+by+Country+January+2022+DataReportal?format=2500w](https://images.squarespace-cdn.com/content/v1/5b79011d266c077298791201/2d910be8-cc6c-4b67-a910-1495ad64d64d/Ownership+of+Cryptocurrency+by+Country+January+2022+DataReportal?format=2500w) Thailand Nigeria Philippines South Africa Turkey Argentina with above 18% adoption each, followed by Indonesia Brazil Singapore with above 15% adoption each and Singapore arguably being the first "rich" country on the list, followed by South Korea Malaysia Netherlands Switzerland USA India Kenya with above 12% adoption. Notice the 3 first-world countries are nothing special, but in between Malaysia and India. Now, let's talk about unjustified prejudice.

Connect-Professor-84

You need to be verified in USA🇺🇸.

MythicMango

if we're being completely honest, with enough motive, the USA can seize anyone's Bitcoin

IndependentMean7951

An Avalon 1246 costs about 300$ or 300 euros in the USA on eBay. The problem you’d have is it requires 220 volt outlets to run. Installing one of those if your power breaker doesn’t have space is like 1k and you’d need to hire an electrician

Jeremiah_Vicious

IBIT=USA Strategic Bitcoin Reserve. At any moment the government can seize that Bitcoin.

cd80808080

Oh okay, I guess I assumed you were in the USA. I'm not sure where you are or if your country has similar things. Nothing wrong with just holding the real bitcoin either, I definitely do!

TheKingBeyondTheWaIl

USA folks are screwed

Amber_Sam

You can use bitcoin to cover many things, even the phone. I'm using Bitcoin almost on a daily basis. Buying groceries, paying for meals, taxis, domains/hosting, VPN... Spend and replace is usually the name of the game so no, I'm not spending bitcoin while saving in cash. If you're thinking about spending some, here are my favorite directories: http://lightningnetworkstores.com/ https://btcmap.org - awesome map, you can even add your local vendors in, once you orangepill them. https://acceptlightning.com/list.html https://spendabit.co/ https://directory.btcpayserver.org/ There's also an option of buying gift cards https://thebitcoincompany.com/ https://bitrefill.com https://www.egifter.com/buy-gift-cards-with-bitcoin - this one's least fave because they use a shitty custodian for payments but are handy for a few cards. Spend and earn some sats back: https://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin https://www.lolli.com – save up to 30% by spending BTC anywhere but primarily USA stores https://satsback.com/stores-list - save up to 20% by spending BTC anywhere but primarily Europe stores As for non-KYC swapping, look at BISQ, robosats, peachbitcoin, hodlhodl or vexl. Bitcoin meetups are handy for cash swaps too.

coin-drone

Here's hoping that hyperinflation does not hit here in the USA.

Big_Brief9457

Are you saying I made it up?  I submitted my valid USA ID, no expired, I did my part, and they holding for no reason my btc  How’s this user error? 

Appropriate-Talk-735

This comes at the same time as USA and China reached agreement on rare earth metals and Trumps company announced they will buy a bunch of btc.

parakite

exactly. Practically, there is no profit in the trade, since he bought bitcoin, and sold it for same price. So his capital gains tax will practically be zero, I am guessing. I don't know what the exact thing you are doing here. Its possible you are paying INR to him in India, and he buys Bitcoin in USA for USD, and sends it to you. So practically look at it from his angle: he is selling USD and getting INR in India. He's transferring his USD from USA to INR in India. If there are rules about such transfer, he should comply with them. If his USD should be taxed in India, then he should be paying taxes. ( this depends on his tax status whether he's US citizen or what).

parakite

For small amounts, no one cares. Who cares if your friend sends you $100 or even $500 worth of Bitcoin after buying it in USA. But now think if its $100,000 worth of Bitcoin he's sending you. What are implications for him as an American? I'm not sure. I don't think there are any implications for him, since for the American authorities, he's practically just burning his bitcoin ( buying it and never selling it in any exchange cause he sends it to you). Ok, wait, but you pay him in USD, right? Then he has to declare that as foreign income. And get taxed. The implications for you: When you send that Bitcoin to some central exchange to sell, that exchange will ask you when you bought it. Then you will have to tell them details about how you got it.

A_Stones_throw

Like this idea, but even then it's not an entirely fair comparison. BTC is classified as property by USA IRS but doesn't provide thr benefits of property, like shelter or potential cash flow

Hefty-Profession-310

Legislation around any commodity inherently manipulates it. The 'manipulation' referred to here isn't it's of the substance materially, as you claim with your cocaine example, but how it is treated in the market. 'market manipulation' isn't changing the material or substance, it's manipulating the price. Bitcoin, but especially crypto generally, is extremely vulnerable to this. Political manipulation of the price of Bitcoin is literally the goal of people who advocate for USA or other countries establishing a "strategic reserve".

Giddyhobgoblin

USA

Solana_Maximalist

Nope. USA debt via bonds is yielding 4.5% risk free. Stablecoins must give more yield. If not there’s no point to be holding them.

Solana_Maximalist

Even the USA president. Cycle too soon maybe 😂

Spl00ky

>they don't simply pay the market cap. They typically pay more than what the current market cap is in order to make an enticing deal for existing shareholders to approve of the sale. The market cap is a reflection of all expected future cash flows discounted. At times a company can become "overvalued" when too much is expected of the company and they fail to meet those expectations when their earnings report are released. Regardless, based on the cash flows of nearly all Big Tech companies, they can justify their current market capitalizations, and again all of these dominant tech companies are based in the USA where fiat money is used. Clearly fiat money cannot be all bad when it helped foster Big Tech.

froz3nt

USA is in a real estate bubble too

Dazzling_Cash_6790

There could be actually a reason to use XRP - for cross-border payments between different currencies. RLUSD is tied to USD, so for cross-border payments it would be required to have liquidity pools in the destination currency. This is no different than the current SWIFT overall system (Bank A in USA holds a nostro account in Bank B in Europe, and has it pre-funded with X amount of EUR in order to be able to settle transactions between USD and EUR). Ripple wouldn't have an advantage going down this road, probably only the faster transaction times (can this justify the costly replacement of the existing, established system globally?). Other than that - everything remains the same if RLUSD is to be used. Fees would still be high, pools of money would need to be "parked" in nostro accounts of external banks (which means they cannot be used for profit making or investment).

Spl00ky

Don't forget fiat money helped the USA create nearly all of the trillion dollar market cap tech companies

choicehunter

*Largest Some argue that other economies are "greater" depending on how you define greatness. For example, China's GDP growth rate is more than double the US growth rate and a better purchasing power parity. India's growth rate is also better. Some countries have higher GDP per capita and less inequality (US has high inequality and arguably a bad economy for the majority of it's citizens from this standard). Other countries have greater engineering excellence. Other countries have low debt to GDP ratios, making them more financially stable and thus in some ways having a better economy. I think this will ultimately burn the USA down if something doesn't change course.

urbangoose

I explained the perpetual contracts above to another person. Not a product offered in the USA (or most of Canada too, I believe) Ah, I thought you were buying contracts are just rolling it over indefinitely. Hahaha

Petulax

USA, you should seriously pay your debt, because you can’t be trusted if you are not able to pay your bills. Increasing the debt limit is making USA a sucker country, where things go from bad to worse. Also Tariffs are not helping here. Printing more money doesn’t increase the value of BTC, it just devalue the $ so you can buy less stuff for the same $.

urbangoose

Sure, perpetual contracts are basically leveraged trading but it has no expiration date (unlike futures contracts). Options on stocks and ETFs are very similar to perpetual contracts, but they have expirations on them, and options are by default leveraged at 100x. If you know what/how options work, you can stop reading here. In perpetual contracts, you borrow money to buy (or sell) Bitcoin, and when you sell your contract, you pay back to principle back. If you've seen any of the post about James Wynn lately about the 'crazy $1bn position', etc., that's basically perpetual contract. At one point, he borrowed 40x the amount, but that kind of leverage is very dangerous because (a) it only takes 2.5% of price movement to wipe that position out and (b) the more you borrow, the more interest you have to pay to keep the position open. In the USA and few other countries (most of Canada too), leverage trading is either heavily limited or banned altogether. Most popular Bitcoin trading sites, like Binance (not the Binance US version), Bybit, Phemex, etc. are illegal from USA. However, they're very much legal in most (but not all) countries around the world..

DowntownDrawer

I would do Bitcoin and then split it into ETFs like VOO (stock things) or better yet, if you’re in USA, a Roth IRA.

Spl00ky

True and yet the USA still has the world's greatest economy despite it

piece0fdebri

Any country. But specifically the USA.

VariatCA

This whole week has just been wick-up after wick-up while shorts or profiteers try to undermine the momentum. The macroeconomics in the bigger markets are shaky as of late with geopolitical tensions and economic decisions in the USA, but not when it comes to crypto. Don't let yourselves be fooled by a few days of stumbling momentum on the charts. The world is still getting in line behind Bitcoin (Governments, Corporations, ETF's, etc).

Xryme

Sure, but then you still have to go through the game theory of it all. Bitcoin has resisted centralized control. If the USA and Russia both want to partake, the same game theory will result in cooperation as different governments will resist other governments. The same game theory that got us here will keep governments in check, just like they kept different actors in check over the last 15 years.

MrPlumbdaddy

Well I heard that stat on Youtube but after a quick ai chat I found out I was wrong. In USA more people own bitcoin than gold but not worldwide. It is remotely true if you live in the US

Over9000Holland

The only thing these two sworn enemies can agree upon is that there is no other way out of the financial mess the USA is in other than to print their way out of it. We are going to profit with out hardest asset, but I am not smiling. All the dollar dependent people in the world will be debased again and again and again.

Casting_in_the_Void

The Algarve, Portugal is absolutely beautiful, cheaper cost of living than most of Europe and USA, tourist region, English common language, increasing numbers of American expats retiring there and…zero tax on crypto held for 12 months or more.

Adverbiet

Banks and other financial institutions are ready. They are just waiting for the average user to be ready. Stable coins will have a boom. Upcoming project is eurodollar. Will be backed by USA and EU bonds.

New-Ad-9629

Dude, USA is much bigger than a few thousand people owning bitcoin. Your claim that 'USA is winning' makes zero sense, unless you just wanted to somehow rhyme it with USD.

hipster-coder

That the NSA is likely behind it, and that it's the USA's strategy for escaping the dollar's debt spiral. While this can't be proven, all the evidence points to that direction. I think they are seeing the writing on the wall about the position of the USD in the global stage, and they are positioning bitcoin to win. Why do you think that bitcoin enjoys so much institutional adoption, while other cryptos, including untraceable cryptos are (predictably) regulated and suppressed? My guess is that when bitcoin is well established, it will be revealed that Satoshi's coins are actually in the coffers of the US government. This will be in several years time, maybe decades.

BastiatF

>People are using their USD to buy Bitcoin. USA has more Bitcoin than any other country. >Overall these movements in USA push USD-denominated prices **down** and BTC-denominated prices **up**. The fact you wrote the opposite of what you meant doesn't fill me with confidence

Pyropiro

In USA, probably almost 20% own some BTC. Globally its probably less than 8%. Still very early.

Bubbly_Ice3836

like it or not broski, the USA is the first country to establish a national strategic bitcoin reserve. i would not call that a bad management's decision.

3u4icillusi0n

You might as well have titled the thread “ USA USA USA”. Go travel broski, see what other countries are doing, and then see how your politicians have left your country for dead in these last 20 years with their wars. If you think the US govt getting more Bitcoin is good, then either you’re young and naiive, or you believe America should be a “super power” continuing to destabilise foreign countries to feed their war machines and generate profits for a select few. All the while, your “free press” isolates the common American from the rest of the world. I’m into Bitcoin for myself. Self-sovereignty over everything else is what Bitcoin and this life of almost 40 yrs has taught me. The only benefit of the US getting involved is it forces other countries to act. Bitcoin doesn’t care about your nationality, race, or religion. FYI I have traveled to the US for more than 25 years, studied there, have family and friends there. I genuinely love the people and country, but the way it’s been run is treasonous to me.

New-Ad-9629

Does that include the hardworking families in rural towns or middle class in cities who live paycheck to paycheck? How will USA win by your definition

Bubbly_Ice3836

my definition of USA = everyone and everything on USA's soil.

DrawSignificant4782

Bitcoin is not the unit of account. Satoshi is the unit of account. There are 2.1 quadrillion Satoshi. Bitcoin is the bundle of Satoshi when it is transferred. There is 6.2 times as any Satoshi to the dollar when it comes to global supply. There is 300 times of Satoshi to dollars in the total USA economy. 1 Satoshi equals .1 pennies.

UtahJohnnyMontana

If we're talking about USA, then both. Roth IRA gives you tax free withdrawals, plus $40K/yr 0% capital gains. You can make a pretty nice tax free retirement between the two.

Ambitious-Yellow-899

Bitcoin is 100% decentralized Reality: While Bitcoin is more decentralized than traditional financial systems, mining power, node distribution, and development influence are still concentrated among a few large players (e.g., mining pools like Foundry USA, Antpool, and developers with commit access). Geographic and political centralization (e.g., U.S.-dominated nodes) also pose ris

thinkingperson

... also, "USA is getting much much stronger" lol

thinkingperson

>... but USA is getting much much stronger What on earth are you smoking? lol

Workadelphia

Almost none of my friends or family have any Bitcoin in the USA and I've encouraged all of them to research the topic for the last 7 years.. Most people just dont care, they just trust money. Blindly. You will be wealthy in 10 years. You have done so well! Just keep stacking.

New-Ad-9629

Is that your definition of 'USA'?

Bubbly_Ice3836

money can buy reputation and popularity. bitcoin is the best money. USA will be ok.

Bubbly_Ice3836

everyone in USA is buying Bitcoin. 40% of bitcoin's total supply is owned by the USA collective. bitcoin price goes up, USA wins.

Bubbly_Ice3836

USA's businesses are doing fine. stop the FUD, stack more sats, and stay humble.

Bubbly_Ice3836

USA's economy is getting stronger.

New-Ad-9629

When you say USA is getting stronger, what exactly?

Bubbly_Ice3836

bitcoin is more important than armies. armies cannot stop bitcoin. USA understood this.

cryptolock27

In my uneducated opinion the USA has a financial grasp over other countries because they use USD as reserve currency; if we deflate the dollar the deflation is spread out among other countries as well. If other countries switch to bitcoin & a large amount of americans switch to bitcoin, when the US govt continues to print currency the USD will be in big trouble and anyone with their savings in USD will be in big trouble. So, in a way, buying bitcoin is betting against the USD.

Bubbly_Ice3836

sure, MicroStrategy is the leader of the group of leaders which is the USA.

Bubbly_Ice3836

currently, both the US gov and the US people are big whales in the bitcoin markets and they are all buying. i don't see that changing any time soon. i grouped all into "USA".

Bubbly_Ice3836

US is strong not because of the USD, but because it holds valuable assets, for example, gold and bitcoin, and some valuable tech stocks. This is the same for any entity, regardless of a person, or a country, or a company. The fact that everyone is converting their gold into more bitcoin, and selling more stocks to buy more bitcoin, points out that the more bitcoin you have, the stronger you become. USA, whether at individual level or federal level, understands that very well.

Bubbly_Ice3836

that does not matter. my post was more about the fact that 40% of bitcoin's total supply is owned by the people living in USA. if a President wants to go against the will of the people in that country, good luck to him and his family.

Squirrel-Unhappy

I think to add to this, there is no USA economy without the top 500 (or mega caps) not existing, so by buying those, your real gamble is “will the economy continue to exist” really no different from working any job or investing your savings in anything. It’s all mental, but fundamentally it is the same. Without our economy existing, fiat in any form is cooked.

Affectionate_Bus4072

the fact that the USA has some incredibly wealthy people does not necessarily make it "strong"

Bubbly_Ice3836

40% of bitcoin's total supply is owned by the people living in USA.

Goosemilky

The part where you said the USA has been buying a lot of bitcoin

Bubbly_Ice3836

No doubt. Only USA and its allies can lead the world into the Bitcoin age.

pinktrending

I live in the USA and you're doing better than me man! Thats a great job! Good luck to you!

Bubbly_Ice3836

Saifedean is a significant one hit wonder. The Bitcoin Standard was legendary. Then that's it. He kinda fell off from there. I really don't know how to feel about the guy, except I can now see why Satoshi Nakamoto decided to stay anonymous. When someone created something so significant, it would be hard to be better than his past while being distracted by fame, and all that pressure would eventually slow his thinking process. -80% is impossible if one simply considers the fact that 2025 was the year the USA established a national strategic bitcoin reserve. And all the rumors of them selling gold to buy more bitcoin from all the new Bitcoin ETFs and treasuries and companies, worldwide. The momentum is just way too large to slow down and I'd be extremely surprised if we have a -50% correction in 2026. Bitcoin is in acceleration mode and historically bitcoin usually goes much much higher in Q4. I really don't see why we won't see a new ATH in Q4 2025. You do not want to miss this train because "Saifedean just said it might crash -80%!".

craly

https://i.redd.it/bm6zopxp1y4f1.gif Here is how centralized bitcoin is. Antpool and Foundry USA has over 50% of hashrate, both those pools require KYC. This means that miner don't care about bitcoin becoming centralized, because they prefer getting a steady stream of income from mining by joining the biggest pools instead of joining smaller pools or mining solo. They also join pools that require KYC which means they don't care about privacy.

craly

To bad over 50% of hashrate in in miningpools in USA that require KYC. Image spending that much energy mining bitcoin only for it to become a centralized USA coin

GrImPiL_Sama

I have no idea why anyone would cut on food and medical care. Especially in the USA where prices for these are absurdly high.

CuckAdminsDkSuckers

If DJT stock buys bitcoin then guarantee the USA government will as well.

GrImPiL_Sama

>wondering where it all went wrong Being born in the USA. Lets start with the basics