The Captain says: Bitcoin is the perfect digital gold (Part One)
In the new era of humanity, Bitcoin is the perfect digital gold, its properties serve as a tool against fiat currency inflation and a store of value. Its ultimate role is for people to protect their wealth from being harvested by ever-inflating fiat currencies.
The Captain says: The process of Bitcoin's price rise and the principle of wealth protection work like this: Currently, the total amount of fiat currency in the world is about 100 trillion US dollars, and the total number of Bitcoin, which exceeds 20 million, needs to reach 5 million US dollars each to be equivalent to the global fiat currency total. After that, as fiat currency continues to inflate, Bitcoin's price will rise correspondingly to protect wealth from shrinking.
If we consider the global wealth total of 550 trillion US dollars, Bitcoin's price would need to rise to over 20 million US dollars each to reach a relatively stable target.
Therefore, even if in the future Bitcoin's price reaches a level equivalent to global fiat or wealth, those who have never participated in Bitcoin will not be at a disadvantage when they buy and store it at that time.
It will continue to appreciate unless fiat currency stops inflating, which fiat currency will never do. Therefore, high-priced Bitcoin transactions will still be active in the future.
Humanity's understanding of Bitcoin is becoming clearer, and the consensus on its digital gold properties will become more widespread and solidified.
After this bull market, Bitcoin will not be something an ordinary person can easily own; it will gradually become a store of value for the wealthy, institutions, and nations. It has already surpassed the total market value of global silver and belongs to global assets. There are less than 800,000 addresses globally that own one Bitcoin, and owning one Bitcoin will place you in the top one hundred thousand globally. Owning 0.1 Bitcoin will place you in the top one thousand globally.
Hold onto the coins in hand, constantly seek your own path in this process, increase your income several times, and continue to earn funds outside to invest in Bitcoin, while slowly waiting for wealth accumulation and greatly enhancing personal capabilities.
This process may seem simple, but it is actually very difficult. I hope that all of you reading this article can possess the persistence and decisiveness of Bitcoin, and strive together with you.