Bitcoin is worth $33,020.79 and has a marketcap of $608,652,836,598 at the time of this posting.
but we measure its value in USD.
In USA places like coinbase are licnesed to let you give them USD, and for them to give you bitcoin. This is heavily regulated.
The moment the federal government has a reason to not like bitcoin, that transaction will be illegal.
SWIFT will be weaponized against international actors.
G7 nations will coordinate this fiat conversion ban.
What I cant tell you is
- How high BTC will get before this event happens
- What the exact reasons will be for the fiat ban conversion
What I can tell you is
- Crypto technology is the future, not the currency.
- I still have a couple hundred BTC.... will sell 50% soon, and the next 50% @ $60k
- If the attack I predict happens, swedish krona is the currency to have to buy BTC. I believe BTC will fall under $1k in a coordinate fiat ban and the Swedish Krona will be the best currency to use to get in on the action.
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