source
If you decide to make a big announcement and purchase $500 million worth of gold
I wonder how many people will be thrilled by that news. It is something worth
mentioning cause #gold is the de facto store of value. Last time I check gold
the price was roaming around $1886 around. Not long ago it was around $2k+
and now due to economy constraint big central banks are selling to encounter 2020, this special year.
It will be for a long time what it stand for
balancing the world market. Gold efficiency remains within its use case.
Moving on to #bitcoin, you will get a different approach that can change the whole
landscape of the market. The definite factor with bitcoin is an edge where it will stand
as long internet and technology keep innovating blockchain. Many companies made noise this year.
MicroStrategy made the most in different ways. This year alone slowly bitcoin climb to $10k aand hold on.
While the whole world is busy to stay afloat, crypto is making sure to convert many.
Now before we go on and say they are the ones who start with it I must say they are as public company
willing to get involve and move funds out of fiat to bitcoin. This is a real use of store of value.
Apart from gold, many companies find different way to mitigate their fund and hoping to get a return
down the line.
Many of you probably check out this list before. There are many more companies we do not know
and their affiliation with crypto in general is huge. I must say #Coinbase, #Gemini and many more.
they are holding bitcoin and the pressure could be the reason #bitcoin is holding at $13k.
We may never see btc going down to $10k.
Putting the numbers together, only 21 million bitcoins. More than 18 million already mined. Right by 2021
it could get really difficult for an average crypto fan to hold one bitcoin.
I was putting my hope in Hive but as of right now 11 cents do not bring to much joy.
Not just Hive the whole altcoins system is sliding to the pressure of bitcoin.
Lucky we are, being part of the crypto market open the door to an emergence of ways to
learn and be profitable in long term.
The CEO of MicroStrategy did something really amazing. He had a stack of bitcoin himself.
Actually he purchase it before the company.
From $9k+ to $13.5k you can see how beneficial and positive it could be for his long term plan.
You may wonder what all these got to do with me?
Simple you are in good place holding whatever tokens that please you.
Not everybody will hold bitcoin. We can help and project humanity could hold and earn a coin
like Hive or #wleo or many more. Look at #tezos foundation holding 24k bitcoin. Definitely
that will boost tezos fans to hold more. The concept is not easy but doable.
So much is riding on bitcoin back, it is crazy to see. As the day goes by bitcoin is becoming
the balancer to the world in chaos.
Just thinking at the whitepaper for bitcoin today, you see the inspiration for people wanting
to change the status quo. Another 12 years impressive steps are what will captivate humanity
to control their financial destiny. Tomorrow Sunday we all have 121 days (I have one hour more due to daylight saving time)
for 2021.
Everything is possible.
Let's power up and keep this community strong.
Be safe and do whatever you can, to stay safe.