What does the future hold for Bitcoin & Crypto? Find out how the story could play out.
Possible future #bitcoin scenarios:
1. The Fed, losing world’s reserve currency status, puts $ on #gold standard.
Result: #BTC & Gold to the moon.
2. The Fed, fearing rivalry to the $ from #crypto starts manipulating $ price UPWARDS.
Result: Hugely inflationary for the $. Spikes in $-denominated metals & crypto. Consumers rekt.
3. Central banks start issuing centralized #crypto to rival #BTC
Result: cryptos end up trading on the same exchanges w/ huge outflows of GovCoins into BTC which becomes world reserve currency. GovCoins - the new Venezuelan Bolivar. #gold🚀
4. Central banks helicopter drop their own GovCoin #crypto as a form of Universal Basic Income directly into domestic bank accounts.
Result: Most recipients use GovCoin to pile into #BTC and #bullion, then panic sell traditional currencies.
5. China and/or Russia produces a gold-backed crypto.
Result: U.S. economic and cyber war with China, resulting in spikes for printed paper currencies, bullion and off-exchange P2P crypto.
6. The FED prints fresh $ to attempt to corner the BTC market.
Result: BTC becomes world’s reserve currency, price goes to $10M as HODLERs prove resilient. #Gold stays at $1700 as a BTC hedge @PeterSchiff keeps job, but clients get rekt again
7. The FED & Neoliberals elites stage a co-ordinated cyber coup on #BTC protocol and crypto exchanges using legions of hackers.
Result: Dismal failure. #Crypto infrastructure was developed by the crème of the world’s I.T. intelligencia – not 3 geeks w/ a laptop in Starbucks. Get real.
8. The FED creates DollarCoin backed by the $.
Result: DollarCoin plummets to 3000th place on CoinMarketCap just below KarenCoin. 1 Dogecoin buys approximately 10,000 Dollar Coins, but kids hate it as Lincoln is not as cute as Doge. Gold at $1700. @JamesGRickards still unable to retire aged 98.
09. Banks adopt #crypto
Result: Law require banks to keep just 3% in real #btc holdings, allowing 97% fractional reserve loans w/ counterfeited #crypto. @Nouriel Roubini miraculously keeps job @NYUStern where suckers pay $79K to learn how to stay poor
10. @elonmusk announces massive multi-bitcoin acquisition.
Result: Bitcoin to the moon. SpaceX rocket full of bitcoin billionaires blows up. #Dogecoin makes it to Mars before that old fraudster ever does.