They All Hate Bitcoin Until They Leave The Office

Never seen any person who was against bitcoin not regret it. They always regret it because they found out they were wrong later on. The beauty of this is that they publicly shamelessly start shilling bitcoin, for instance, Michael saylor went from talking bad about bitcoin to investing billions into it. When Donald trump was the president of America he didn’t like bitcoin, always talked bad about it. Now he is not ashamed to talk about bitcoins and how he has fun trading it.

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Bitcoin represents financial freedom and some level of decentralization, this means that as long as your coin is in a cold wallet or decentralized wallet, no one can have access to it. The government can’t seize it, they can’t tax it outrageously, they can’t take it away from you. But when you are in power, these things seems to be what gives the government officials their power. When they are in office, the tax is expected to be high, because tax payers money is what fund’s their lifestyle while in the office, it’s what makes them powerful, so instead of seeing bitcoin’s potentials, they are seeing it as a threat.

Politicians will never want to support bitcoin publicly, only few of them do, the president of El Salvador making bitcoin a legal tender in his country is probably one of the country’s best decisions as their legal tender is increasing in value. I try to imagine how much the next bitcoin all time high will be, the last bull run all time high was 3.8 X of the previous bull run all time high, so if we are doing the same calculation we should be expecting bitcoin above $200k.

It’s safe to say that we are in the bull market now, all coins are pumping, be patient with your bag if it’s not pumping yet. You know we have entered the bull market, when celebrities and past politicians are talking about it. Remember to take profit and don’t hold till we enter another bear market. Have a plan and work towards it.

Posted Using InLeo Alpha