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Abundance Through Scarcity: Why Bitcoin's Next Bull Run Is Inevitable 🪙🚀🌑
Interesting video on why the next Bitcoin Bull Run is inevitable based on the Laws of Economics and how holding any amount of Bitcoin will become converted into Generational Wealth and Massive Purchasing Power in the Near Future.
10 things to consider...
1) There will only ever be 21 Million Bitcoin. 4% lost per year. Making BTC a new type of Commodity called a "Scarcity".
2) The Hash Rate and adoption grows every year. It never recoils.
3) Bitcoin has been the highest appreciating asset for 11 years straight.
4) BlackRock and many other asset managers have filed with the SEC to sell Bitcoin Spot ETFs.
5) Vanguard recently purchased $560 Million worth of Bitcoin Mining Stocks.
6) The Halving occurs in April/May of 2024. Cutting the supply of new Bitcoin by 50%. Repeated every 4 years.
7) Bitcoin accounts for 50% of all the money in the entire Crypto Market of over 20,000 coins/tokens.
8) Exchanges are experiencing the lowest lows of Bitcoin held there. Soon there will be no Bitcoin left on Exchanges for sale.
9) 75%+ of Bitcoin purchased lands inside a wallet and never moves, regardless of price.
10) There is not enough Bitcoin for every person in your State to own 1. Let alone the country, world, or for every millionaire on earth to own a single Bitcoin.
Original Video by Ioni Appelberg: https://www.youtube.com/watch?v=x78Y7TE9eyo
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₿itcoin Cash (BCH):
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Litecoin (LTC):
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Dogecoin (DOGE):
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Ethereum Classic (ETC):
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Ethereum (ETH):
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Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e
VeChain (VET):
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