Regulation will hit hard and some countries are already banning it. Although I don't know if it truly can be stopped.
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1/In most other markets, government bans increase the price of the good. This is true with drugs which are far easier to prohibit than encrypted communication systems that are distributed globally. The pernicious camel in the tent is renewable energy liquidity.
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Such a logarithmic trend cannot continue indefinitely, there is an endgame. Price won’t just 5x every other year for all of eternity, right?
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Definitely. And when Bitcoin finally does crash, it will be even more spectacular than its rise. So, the question is: when and how does that happen...? I'm guessing a technological innovation like quantum computing, and roughly a decade (2030), but who knows?!
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If he said his name was John I’d have a hard time believing him.
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I rather believe the reasoning of Jordan Belfort. If you believe that government will not intervene to get their money out of it you got something coming.
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