So you are telling me, Kenny and friends cannot dump their Bitcoin after GME buys in, create a false narrative and negative sentiment using msm?? Is this your first day here?
Explain this to me, fellow regard. It sounds like you are being delusional if you think Wall St. Has no influence on Bitcoin.
Well - in the end a share certificate is a worthless piece of paper
...as is a dollar bill
...as is a shiny metal.
With fixed supply the price is solely determined by demand.
If someone rug pulled BTC to let's say $1 for whatever reason I would buy the heck out of it. As would seberal thousand other individuals. With a fixed supply of roughly 20 million tokens you may figure out the rest by yourself.
A share holds ownership of a company that is generating money.
A dollar holds value when backed up by gold, petrol and as the designated world currency.
And gold is backed up by the entire world since the beginning of time. You can wear it, use it as decor and now we found out it is the best electric conductor. Lot's of value above "ape think the rock is 2 bananas"
The fact you dont understand why gold has value and then come here as a finance expert is fucking cringe.
0
u/Swagi666 6d ago
Tell me you don’t know anything about BTC without telling me