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The number of Bitcoins in the hands of people in the cryptocurrency circle is decreasingFriends who have played with coins now have 2-5 bitcoins in their hands. With the recent big surge, they told me they all lost their Bitcoin. The largest number of them all is less than 0.8 left. I have been thinking about buying Bitcoin for a long time. My principle is that I will never sell it before the bull market. I will never buy any other coins with the money from the sale in the bull market. I will only keep it for Bitcoin and exchange as much legal currency as possible into Bitcoin. I have never used Bitcoin to pledge any airdrops, nor have I exchanged Bitcoin for NFTs, inscriptions or other coins. My principle is to only exchange U in a bull market, and not move after exchanging U, and buy back as much as possible in a bear market.

The number of Bitcoins in the hands of people in the cryptocurrency circle is decreasing

Friends who have played with coins now have 2-5 bitcoins in their hands.

With the recent big surge, they told me they all lost their Bitcoin.

The largest number of them all is less than 0.8 left.

I have been thinking about buying Bitcoin for a long time. My principle is that I will never sell it before the bull market. I will never buy any other coins with the money from the sale in the bull market. I will only keep it for Bitcoin and exchange as much legal currency as possible into Bitcoin.

I have never used Bitcoin to pledge any airdrops, nor have I exchanged Bitcoin for NFTs, inscriptions or other coins. My principle is to only exchange U in a bull market, and not move after exchanging U, and buy back as much as possible in a bear market.
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$PEPE PEPE is the new king of Meme coins in this round PEPE is the new king of Meme coins in this round. Its current market value is 4.7 times that of its predecessor DOGE and 2.5 times that of SHIB, which is also in the ETH ecosystem. Of course, its daily trading volume is almost the same as DOGE, which is 3.4 times that of SHIB. By the way, I checked the official website of SHIB (Shiba Inu), and it is still active: there will be a ShibaCon conference in Thailand in two months, and the news station is still updating. Who do you think will be the king of Meme among the three at the peak of this bull market? {spot}(PEPEUSDT) {spot}(SHIBUSDT)
$PEPE PEPE is the new king of Meme coins in this round

PEPE is the new king of Meme coins in this round. Its current market value is 4.7 times that of its predecessor DOGE and 2.5 times that of SHIB, which is also in the ETH ecosystem. Of course, its daily trading volume is almost the same as DOGE, which is 3.4 times that of SHIB.

By the way, I checked the official website of SHIB (Shiba Inu), and it is still active: there will be a ShibaCon conference in Thailand in two months, and the news station is still updating.

Who do you think will be the king of Meme among the three at the peak of this bull market?
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How much potential does the cryptocurrency market still have? (Part 1)The captain said: The next 10 years will be the development stage of virtual assets. Right now, the hardware conditions can't keep up. For example, the scenario of the metaverse. Once this scenario can be realized, then these digital assets will greatly surpass real assets. Just wait and see, it will be realized one day. The global stock market size is 90 trillion. And right now it’s less than 30 trillion. If virtual assets account for 10%, that’s also 9 trillion. Do you think there is potential?

How much potential does the cryptocurrency market still have? (Part 1)

The captain said: The next 10 years will be the development stage of virtual assets.
Right now, the hardware conditions can't keep up.
For example, the scenario of the metaverse.
Once this scenario can be realized, then these digital assets
will greatly surpass real assets.
Just wait and see, it will be realized one day.
The global stock market size is 90 trillion.
And right now it’s less than 30 trillion.
If virtual assets account for 10%, that’s also 9 trillion.
Do you think there is potential?
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Do you think there will still be a bull market in 2025? The captain says: Definitely. In just over half a month, after the "double act" of Trump and Powell, hundreds of thousands of retail investors globally were liquidated*, ultimately being perfectly harvested. Bitcoin is heavily influenced by a single information center, but every year there are still many friends who firmly believe it is "decentralized." As long as there are believers, there will be more entering the market, which will surely lead to another bull market, and then another harvest. How can there be a bull market if it doesn't attract more people to contribute?$BTC $BNB $SOL {spot}(BTCUSDT) {spot}(BNBUSDT) {spot}(SOLUSDT)
Do you think there will still be a bull market in 2025?
The captain says: Definitely.

In just over half a month, after the "double act" of Trump and Powell, hundreds of thousands of retail investors globally were liquidated*, ultimately being perfectly harvested.

Bitcoin is heavily influenced by a single information center, but every year there are still many friends who firmly believe it is "decentralized."
As long as there are believers, there will be more entering the market, which will surely lead to another bull market, and then another harvest.

How can there be a bull market if it doesn't attract more people to contribute?$BTC $BNB $SOL
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The captain said: Assume that in twenty years, the value of Bitcoin is 160 million RMB each. Then I should be able to use it to buy a Tesla car, right? To be honest, as long as the four major grain merchants: Google, META, Tesla, and Apple are willing to accept Bitcoin in exchange for their products and services, Bitcoin can surely become real currency $BTC $BNB {spot}(BNBUSDT) {spot}(BTCUSDT)
The captain said: Assume that in twenty years, the value of Bitcoin is 160 million RMB each.

Then I should be able to use it to buy a Tesla car, right?

To be honest, as long as the four major grain merchants: Google, META, Tesla, and Apple are willing to accept Bitcoin in exchange for their products and services,

Bitcoin can surely become real currency $BTC $BNB
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Bullish
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Got off too early, only because the vision was too small Bitcoin $BTC will rise to 160 million RMB in 20 years {spot}(BTCUSDT)
Got off too early, only because the vision was too small
Bitcoin $BTC will rise to 160 million RMB in 20 years
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The captain says: Bitcoin will exceed gold's market value at $550,000. You must know that gold is bought up by national capital from various countries; retail speculation alone is of no use. Unless the U.S. really sells all its gold reserves* and buys Bitcoin instead, there is this possibility... If it rises to $1 million, then both China and Russia would have to buy Bitcoin entirely, and that might not be enough. When everyone is infinitely hopeful about Bitcoin, haven’t you noticed that it’s struggling to rise a bit? After breaking the new high in 2017, it rose 20 times in a year; after breaking the new high in 2021, it rose 3.5 times in a year. And this year? After breaking the new high, it has been fluctuating for half a year, hesitantly climbing up to $100,000. Retail investors might be thoughtless, but large institutions must be afraid of heights.
The captain says: Bitcoin will exceed gold's market value at $550,000.
You must know that gold is bought up by national capital from various countries; retail speculation alone is of no use.

Unless the U.S. really sells all its gold reserves* and buys Bitcoin instead, there is this possibility...

If it rises to $1 million, then both China and Russia would have to buy Bitcoin entirely, and that might not be enough.
When everyone is infinitely hopeful about Bitcoin, haven’t you noticed that it’s struggling to rise a bit?

After breaking the new high in 2017, it rose 20 times in a year; after breaking the new high in 2021, it rose 3.5 times in a year.

And this year? After breaking the new high, it has been fluctuating for half a year, hesitantly climbing up to $100,000.

Retail investors might be thoughtless, but large institutions must be afraid of heights.
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If the entire earth is sold in a package, it is worth 21 million bitcoins. How much do you think $BTC can increase to? {spot}(BTCUSDT)
If the entire earth is sold in a package, it is worth 21 million bitcoins. How much do you think $BTC can increase to?
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Bitcoin will not only rise to 1 million US dollars each, but will rise to 10 billion US dollars each. By then, the wise one will take out 3,600 bitcoins, exchanging them for 36 trillion US dollars, directly paying off the national debt, MAGA. Hahaha $BTC $BNB $SOL {spot}(BTCUSDT) {spot}(BNBUSDT) {spot}(SOLUSDT)
Bitcoin will not only rise to 1 million US dollars each, but will rise to 10 billion US dollars each.
By then, the wise one will take out 3,600 bitcoins, exchanging them for 36 trillion US dollars, directly paying off the national debt, MAGA. Hahaha $BTC $BNB $SOL
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Netizens say: Can you guess which country has the second highest number of Bitcoin holdings? And guess why it ranks among the top in the world for holdings but doesn't allow its own citizens to trade cryptocurrencies? The captain says: Only the previously confiscated illegal assets, and a large portion of them has long been converted into cash for the national treasury, just a bunch of crypto idiots spreading this rumor $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT)
Netizens say: Can you guess which country has the second highest number of Bitcoin holdings?
And guess why it ranks among the top in the world for holdings but doesn't allow its own
citizens to trade cryptocurrencies?
The captain says: Only the previously confiscated illegal assets, and a large portion of them has long been converted into cash for the national treasury, just a bunch of crypto idiots spreading this rumor $BTC
$BNB
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Back then, one Bitcoin was only a few dollars. Can you imagine that today, on December 20, 2024, the price is $104,900. Equivalent to more than 820,000 RMB. Would it be strange if it rises to 10 million in the future? $BTC $BNB $SOL {spot}(BTCUSDT) {spot}(BNBUSDT) {spot}(SOLUSDT)
Back then, one Bitcoin was only a few dollars. Can you imagine that today, on December 20, 2024, the price is $104,900.

Equivalent to more than 820,000 RMB. Would it be strange if it rises to 10 million in the future? $BTC $BNB $SOL
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What kind of idiot only thinks it will rise to 1 million RMB, it must at least rise to 15 million USD, around 100 million RMB. Look again in 10 years $BTC $BNB {spot}(BNBUSDT) {spot}(BTCUSDT) #
What kind of idiot only thinks it will rise to 1 million RMB, it must at least rise to 15 million USD, around 100 million RMB.
Look again in 10 years $BTC $BNB
#
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If Bitcoin really reaches $100 each, what impact will it have on those who have never participated in Bitcoin? The captain said: If housing prices rise to 20,000/50,000/100,000 per square meter, what impact will it have on those who have never participated? If the stock of Kweichow Moutai rises to 3,000 yuan per share, what impact will it have on those who have never participated? If NetEase's stock rises from less than one dollar during the suspension period to around 100 dollars now, what impact will it have on those who have never participated? If gold rises to 3,000 yuan per gram, what impact will it have on those who have never participated? If oil drops from the usual 100 dollars per barrel to -37.63 dollars per barrel and then rises back, what impact will it have on those who have never participated? If a startup successfully goes public, what impact will it have on those who have never participated in early-stage venture capital? No impact, the world continues to operate as usual. Those involved have made some money, while others have lost money. Those who did not participate can continue with their lives. $BNB $BTC {spot}(BTCUSDT) {spot}(BNBUSDT)
If Bitcoin really reaches $100 each, what impact will it have on those who have never participated in Bitcoin?

The captain said: If housing prices rise to 20,000/50,000/100,000 per square meter, what impact will it have on those who have never participated?

If the stock of Kweichow Moutai rises to 3,000 yuan per share, what impact will it have on those who have never participated?

If NetEase's stock rises from less than one dollar during the suspension period to around 100 dollars now, what impact will it have on those who have never participated?

If gold rises to 3,000 yuan per gram, what impact will it have on those who have never participated?
If oil drops from the usual 100 dollars per barrel to -37.63 dollars per barrel and then rises back, what impact will it have on those who have never participated?

If a startup successfully goes public, what impact will it have on those who have never participated in early-stage venture capital?

No impact, the world continues to operate as usual.
Those involved have made some money, while others have lost money.

Those who did not participate can continue with their lives. $BNB $BTC
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If Bitcoin really reaches 10 million dollars each, what impact will it have on those who have never participated in Bitcoin? The captain says: Bitcoin broke through 10 million dollars today (Part Eight) "Hello, Master! Today is August 8, 2088, at 8 o'clock Beijing time, it's time for you to get up." A synthetic female voice rang in my ears. At its call, I groggily opened my eyes and said to the robot Siri* beside me: "Come on, play today's news." "At your command! Master!" No matter what unreasonable request I make, Siri always remains respectful. According to the latest reports, Bitcoin has been soaring, and just at 3 a.m. today, it successfully broke through 10 million dollars, with an increase of over 50%, the entire market is in high spirits... I can hardly believe my ears: "What... what..... 10 million dollars? This is impossible!" At this moment, I realized my hands were already trembling, and my eyes were filled with glistening tears. I know that each tear has its own name; this one is called frustration, that one is called regret for not acting sooner, the one that just fell is called hatred for a lifetime, and the one that has evaporated is called too late for regret. $BTC {spot}(BTCUSDT)
If Bitcoin really reaches 10 million dollars each, what impact will it have on those who have never participated in Bitcoin?
The captain says: Bitcoin broke through 10 million dollars today (Part Eight)
"Hello, Master! Today is August 8, 2088, at 8 o'clock Beijing time, it's time for you to get up." A synthetic female voice rang in my ears.
At its call, I groggily opened my eyes and said to the robot Siri* beside me: "Come on, play today's news."
"At your command! Master!" No matter what unreasonable request I make, Siri always remains respectful.
According to the latest reports, Bitcoin has been soaring, and just at 3 a.m. today, it successfully broke through 10 million dollars, with an increase of over 50%,
the entire market is in high spirits...
I can hardly believe my ears: "What... what..... 10 million dollars? This is impossible!"
At this moment, I realized my hands were already trembling, and my eyes were filled with glistening tears. I know that each tear has its own name; this one is called frustration, that one is called regret for not acting sooner, the one that just fell is called hatred for a lifetime, and the one that has evaporated is called too late for regret. $BTC
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If Bitcoin really reaches $1,000 per coin, what impact will it have on people who have never participated in Bitcoin?The Captain said: Bitcoin broke through 10 million US dollars today (Part 8) "Hello, master! Today is August 8, 2088, 8:00 Beijing time, you should get up." An electronically synthesized female voice sounded in my ears. At its call, I opened my eyes dazedly and said to the robot Xi Rui* next to me: "Come, play today's new smell." "Yes, Master!" No matter what unreasonable request I made, Xi Rui is always neither humble nor arrogant. According to the latest reports, Bitcoin is rising rapidly. At 3 a.m., it successfully broke through 10 million U.S. dollars, an increase of more than 50%.

If Bitcoin really reaches $1,000 per coin, what impact will it have on people who have never participated in Bitcoin?

The Captain said: Bitcoin broke through 10 million US dollars today (Part 8)
"Hello, master! Today is August 8, 2088, 8:00 Beijing time, you should get up." An electronically synthesized female voice sounded in my ears.
At its call, I opened my eyes dazedly and said to the robot Xi Rui* next to me: "Come, play today's new
smell."
"Yes, Master!" No matter what unreasonable request I made, Xi
Rui is always neither humble nor arrogant.
According to the latest reports, Bitcoin is rising rapidly.
At 3 a.m., it successfully broke through 10 million U.S. dollars, an increase of more than 50%.
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What impact would it have on those who have never participated in Bitcoin if it really reaches $1 million each? The captain said: What is the difference between Christianity, Islam, and F religion and the Bitcoin religion? (Part Seven) Even if something is fake, it may not collapse within your lifetime. Those at the top of the religious participation benefit, like those who lie back and collect money from believers, similar to early investors in Bitcoin waiting for later believers to carry them. If you do not participate, you naturally lose nothing, but you cannot say that because most people do not participate, this scam will definitely collapse. In my opinion, it often collapses, like a price drop of 90%, then years later it revives and the price rises even higher. The main difference between this and tulips is that tulips can be supplied indefinitely, while Bitcoin has a limited supply. Tulips cannot be stored for long, but Bitcoin can. If the number of tulips had also been limited from the beginning, perhaps the tulip Ponzi scheme would not have been cracked by now. So, is gold somewhat like tulips with a limited quantity and an unlimited shelf life? The gold game has been around for hundreds of years, right? Hoarding the coins in hand, continuously buying assets, below are the trends of Bitcoin and BNB; if you like, you can click to buy a bit, cherish this bull market well. Grateful for Bitcoin, grateful for everyone’s support, supporting the captain is the motivation for the captain to move forward. $BTC $BNB {spot}(BNBUSDT) {spot}(BTCUSDT)
What impact would it have on those who have never participated in Bitcoin if it really reaches $1 million each?

The captain said: What is the difference between Christianity, Islam, and F religion and the Bitcoin religion? (Part Seven)
Even if something is fake, it may not collapse within your lifetime.
Those at the top of the religious participation benefit, like those who lie back and collect money from believers, similar to early investors in Bitcoin waiting for later believers to carry them.

If you do not participate, you naturally lose nothing, but you cannot say that because most people do not participate, this scam will definitely collapse.
In my opinion, it often collapses, like a price drop of 90%, then years later it revives and the price rises even higher. The main difference between this and tulips is that tulips can be supplied indefinitely, while Bitcoin has a limited supply. Tulips cannot be stored for long, but Bitcoin can.
If the number of tulips had also been limited from the beginning, perhaps the tulip Ponzi scheme would not have been cracked by now.
So, is gold somewhat like tulips with a limited quantity and an unlimited shelf life? The gold game has been around for hundreds of years, right?
Hoarding the coins in hand, continuously buying assets, below are the trends of Bitcoin and BNB; if you like, you can click to buy a bit, cherish this bull market well. Grateful for Bitcoin, grateful for everyone’s support, supporting the captain is the motivation for the captain to move forward. $BTC $BNB
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What would be the impact on those who have never participated in Bitcoin if it really reached $1 million? Captain says: Bitcoin at a million dollars? Can we escape exploitation? (Part Five) The captain believes the logic is as follows: Massive issuance of fiat currency --> Inflation, devaluation of fiat currency --> People flocking to gold, Bitcoin, etc. --> Resulting in Bitcoin skyrocketing to $1 million If you do not hold assets that retain value, such as gold or Bitcoin, you will be consumed by inflation, losing the purchasing power of the fiat currency in your hands. It is not Bitcoin that exploits you; it is the excessive issuance of fiat currency that exploits you. Bitcoin provides a new way to escape exploitation. If it really reaches such an exaggerated level of $1 million, the market cap would be about $19 trillion... close to the market value of gold. Not participating only means bearing the losses from fiat currency inflation. Beyond that, the impact is not significant. The captain concludes that fiat currency has no lower limit, while Bitcoin has no upper limit. Those without Bitcoin are essentially working for and paying taxes to those who own Bitcoin. Bitcoin fights against fiat currency; this is a war game without gunpowder, and it has long begun. No matter who you are, whether you know or care, you are either actively or passively participating in this game. I hope everyone will take it to heart, carefully read the captain's article to understand its true meaning, and I also hope that those who understand the captain's article can give a little support to the captain. The amount is not important; what matters is the intention, which is also the captain's motivation to keep going. $BTC {spot}(BTCUSDT)
What would be the impact on those who have never participated in Bitcoin if it really reached $1 million?
Captain says: Bitcoin at a million dollars? Can we escape exploitation? (Part Five)
The captain believes the logic is as follows:

Massive issuance of fiat currency --> Inflation, devaluation of fiat currency --> People flocking to gold, Bitcoin, etc. --> Resulting in Bitcoin skyrocketing to $1 million

If you do not hold assets that retain value, such as gold or Bitcoin, you will be consumed by inflation, losing the purchasing power of the fiat currency in your hands. It is not Bitcoin that exploits you; it is the excessive issuance of fiat currency that exploits you. Bitcoin provides a new way to escape exploitation.

If it really reaches such an exaggerated level of $1 million, the market cap would be about $19 trillion... close to the market value of gold. Not participating only means bearing the losses from fiat currency inflation. Beyond that, the impact is not significant.

The captain concludes that fiat currency has no lower limit, while Bitcoin has no upper limit. Those without Bitcoin are essentially working for and paying taxes to those who own Bitcoin.
Bitcoin fights against fiat currency; this is a war game without gunpowder, and it has long begun. No matter who you are, whether you know or care, you are either actively or passively participating in this game.
I hope everyone will take it to heart, carefully read the captain's article to understand its true meaning, and I also hope that those who understand the captain's article can give a little support to the captain. The amount is not important; what matters is the intention, which is also the captain's motivation to keep going. $BTC
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If Bitcoin really reaches one million dollars each, what impact will it have on those who have never participated in Bitcoin?The captain said: Can we reach one million dollars? (Part Six) If Bitcoin reaches one million dollars each, it means a market value of 21 trillion dollars for Bitcoin, which has reached the scale of currency and can be regarded as currency. However, if Bitcoin insists on developing within the current framework, hoping to enable low transaction fees for small payments through segregated witnesses and the lightning network, while implementing speech audits in certain communities (like /r/bitcoin), I am not optimistic about Bitcoin's future. The most likely scenario is being overtaken by better cryptocurrencies later on—much like the historical position of gold overtaking silver.

If Bitcoin really reaches one million dollars each, what impact will it have on those who have never participated in Bitcoin?

The captain said: Can we reach one million dollars? (Part Six)
If Bitcoin reaches one million dollars each, it means a market value of 21 trillion dollars for Bitcoin, which has reached the scale of currency and can be regarded as currency.
However, if Bitcoin insists on developing within the current framework, hoping to enable low transaction fees for small payments through segregated witnesses and the lightning network, while implementing speech audits in certain communities (like /r/bitcoin), I am not optimistic about Bitcoin's future. The most likely scenario is being overtaken by better cryptocurrencies later on—much like the historical position of gold overtaking silver.
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If Bitcoin really reaches one million dollars each, what impact will it have on those who have never participated in Bitcoin? (Part Five)The captain said: Bitcoin is the largest wealth redistribution in human history (Part Five) Bitcoin will cause the largest wealth redistribution in human history, and no one can be exempt from it. In the past decade, not buying Tencent stocks means I missed out on that money, and life goes on. However, if I hadn't bought a house in the past ten years, life would be quite tough now. Two people with the same income, one buying a house and the other not, will have a difference in asset scale by an order of magnitude. The essential reason for this gap lies in the seigniorage. In our country, M2 has an annual growth rate of 20%. Over the past decade, aside from real estate, no other major asset class has consistently outperformed inflation. Therefore, not buying a house is equivalent to being subject to a 20% annual seigniorage tax, whereas buying a house exempts one from this tax.

If Bitcoin really reaches one million dollars each, what impact will it have on those who have never participated in Bitcoin? (Part Five)

The captain said: Bitcoin is the largest wealth redistribution in human history (Part Five)
Bitcoin will cause the largest wealth redistribution in human history, and no one can be exempt from it.
In the past decade, not buying Tencent stocks means I missed out on that money, and life goes on. However, if I hadn't bought a house in the past ten years, life would be quite tough now. Two people with the same income, one buying a house and the other not, will have a difference in asset scale by an order of magnitude. The essential reason for this gap lies in the seigniorage.
In our country, M2 has an annual growth rate of 20%. Over the past decade, aside from real estate, no other major asset class has consistently outperformed inflation. Therefore, not buying a house is equivalent to being subject to a 20% annual seigniorage tax, whereas buying a house exempts one from this tax.
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If Bitcoin really reaches $1 million per coin, what will the impact be for people who have never participated in Bitcoin?The captain said: There is no second chance for Bitcoin. It is your fate whether you buy Bitcoin or not. Rich or poor (Part 4) How should I put it? If you are an ordinary worker, and the price of Bitcoin rises to 1 million US dollars per coin, it will not have a devastating impact on you if you do not buy Bitcoin. You just lose an opportunity to become a vested interest. This thing also depends on fate, just like a house in Shanghai. Even if it is very expensive, you can choose not to buy it, but at the same time you also lose the opportunity to collect rent and become a landlord. The people who could buy a house in Shanghai 20 years ago and those who bought Bitcoin ten years ago are essentially the same can only be a very small part of this society.

If Bitcoin really reaches $1 million per coin, what will the impact be for people who have never participated in Bitcoin?

The captain said: There is no second chance for Bitcoin. It is your fate whether you buy Bitcoin or not. Rich or poor (Part 4)
How should I put it? If you are an ordinary worker, and the price of Bitcoin rises to 1 million US dollars per coin, it will not have a devastating impact on you if you do not buy Bitcoin. You just lose an opportunity to become a vested interest. This thing also depends on fate, just like a house in Shanghai. Even if it is very expensive, you can choose not to buy it, but at the same time you also lose the opportunity to collect rent and become a landlord.
The people who could buy a house in Shanghai 20 years ago and those who bought Bitcoin ten years ago are essentially the same can only be a very small part of this society.
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