145
Before diving into this not so absurd prediction let's rewind what happened in the past shall we?
If you never heard of Hyperinflation here is an "entertaining" video that could make you shiver if this can happen to USD in the short future:
Not only a bunch of contemporary historical countries had this hyperinflation but every single form of governmental rule in human's history failed because of the Fiat currency.
So, does the USD will have a different fate then every single failed fiat currency? Absolutely not, fiat is fake money, not different than monopoly money (the board game), it can be inflated and has zero value. The only forms of money that persisted for thousands of years are Gold and Silver. Since the creation of the Bitcoin you could add another form of currency to the historical money. Will BTC may prevail even when they will shutdown the internet? Maybe, maybe not. I consider Bitcoin a revolutionary and a financial disruptor, the pure existence of this form of digital currency will give EVERY SINGLE INDIVIDUAL a free form of evolutionary transaction without the interference of ANY government. It really does not matter what will happen with BTC after the last coin is mined. Seriously it doesn't!
Why? Because with Bitcoin the entire population of this planet started to awaken that their wealth is being stolen slowly with Fiat Currencies and only the free market will prevail in finding new ways of wealth transfer. Wealth is not destroyed, it is merely transferred or preserved (if you have the knowledge how to do so).
The new forms of digital currencies are the way to go (not CBDC or FED coin), financial education if your own responsibility, blaming others that you took their advice is close to stupidity. Taking risks is also your own responsibility because you are the only one who can decide for your self by judging from your own experience and own knowledge what is right and what is wrong.
As you can see the inflation is the ultimate flaw of a Fiat Currency and is actually a feature for those institution who utilize it. Still, sooner or later a fiat goes down to zero 100% of the times!
Now, how a Bitcoin can be 100 Quadrillion (100 000 000 000 000 000 000) United States Dollars? That's very simple logic, and you might math, actually, so let me explain:
- As happened in Weimar republic, Hungary, Zimbabwe or Yugoslavia, if a currency loose trust of it's population and international exchanges, it will rapidly start to hyperinflate.
- This hyperinflation is so radical that in a matter of days can rise up to millions, billion, trillions and even quadrillions, this means that a bread will cost at least a million dollar if not a billion.
- The BRICS nations (Brazil, Russia, India, China, South Africa) are currently trying to destabilize the world reserve currency, the USD, which eventually will destroy the international trust in the dollar,
- The people of US will lose all trust in USD then it will hyperinflate into oblivion.
There you have it, 100 Quadrillion USD for 1 BTC is not a fiction but a reality.
The FED coin (Federal Reserve Digital Currency or CBDC) will not help US Dollar to get stabilized at all, mostly because the population will loose the trust necessary for any fiat currency to function.
THE CHOKE POINT 2.0 will absolutely fail in preventing BTC to become a world wide currency, actually what nonsense they are trying to do right now, will make dollars lose even more faith. They try to revive a dead horse but they throw it deeper into the ground.
These megalomaniac freaks with god-like syndrome, literally do not understand that we are fully awaken and WE WILL NEVER UTILISE THEIR GARBAGE CURRENCY AS A FORM OF PAYMENT EVEN IF THEY WILL TRY TO FORCE US TO DO IT!
The BRICS nations will have exactly the same fate if they use the Fiat all over again.
Oh apparently Russia wants to use digital Yuan for payments. Sorry Russia, is to late to trust a centralized currency...!
So what do guys think, 100Q for a BTC is real?
Let me know in the comment section.
