Every day Bitcoin doesn't die, it gets more valuable

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With every passing day that Bitcoin doesn't die, it becomes more valuable

Sounds like a simply statement, but it's really a mind blowing statement when you think about it more in depth.

How does something get more valuable just by continuing to exist?

While it may not be clear at first that is exactly the sentiment of a prominent early bitcoiner:

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(Source: https://twitter.com/DocumentBitcoin/status/1350862649798623233/photo/1)

This is especially true as it relates to regulations and governments.

With each day that more and more transactions are processed and more and more bitcoin flows into more and more hands, the odds of a government crackdown gets harder and less likely.

At the end of the day governments are made up of people and if enough people have bitcoin, those people will influence those in government to do what they want.

We see this all the time in politics via lobbying and campaign contributions etc.

This is especially true when it comes to billionaires involved in bitcoin and crypto.

The more billionaires we get in bitcoin the odds of government doing anything goes lower and lower and lower.

Those billionaires will get their people elected in the highest positions and they will make sure their people do what needs to be done to protect their wealth.

It's how oil, cigarettes, and alcohol have gotten it done over the year. Hopefully bitcoin and crypto will be no different.

Speaking of billionaires:

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(Source: https://twitter.com/michael_saylor/status/1350850142946131970)

This guy has been a huge asset to bitcoin and crypto!

Posted Using LeoFinance Beta



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