Bitcoin Has Become Too Big to Fail
There have always been only 2 possible outcomes for Bitcoin. It would either eventually go to zero or it would go to a million dollars and beyond. As time goes on, it is becoming clearer that the 2nd outcome has the best chance of becoming a reality.
If you owe a bank $1 million and you can’t pay it back, you have a big problem. But if you owe a bank $1 billion and you can’t pay it back, now the bank has a big problem.
I believe this is a quote that now directly applies to Bitcoin and where it is in its timeline.
Well, not Bitcoin, actually, but the powerful players that have gotten heavily involved with Bitcoin.
Some of the most powerful people, corporations, organizations, and now countries have gone all in on Bitcoin. If BTC were to fail or go to zero, now they would have a big problem. But if you know anything about these types of groups, you know that they will never let this happen. The truth is that they actually have the power, capital, and influence to ensure that.
Companies such as BlackRock, the largest asset manager in the world, has gone all in. Most financial experts agree that there are a few select…
You May Also Like
Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?
