It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it’s worth 97 cents). – Erik Voorhees

It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it's worth 97 cents). - Erik Voorhees submitted by /u/Fly115
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Bitcoin – The Currency of the Internet

The $1 dollar backed tether (USDT) is now worth less than 97 cents.

This is about price but of a different thing. People are willing to sell USDT for below $ 1. They would rather hold "actual real money"TM rather than bitcoins or so called stablecoins. This is telling. If someone wanted to exit USDT why don't they just buy bitcoin or any coin for that matter instead of selling USDT at a loss?

https://cryptowat.ch/markets/kraken/usdt/usd/5m

submitted by /u/i_gotta_say
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Bitcoin – The Currency of the Internet

Only 24 billion dollars worth of Bitcoin’s supply remains to be mined (18%)

82% of bitcoin's total supply has already been mined. Just $ 24 billion USD at today's prices remain to be mined up until the year 2140 approximately.

With the halvening occurring in 2020, bitcoin is going to become extremely scarce!

Just to put these bear market prices into perspective…

submitted by /u/BigLezHodler
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Bitcoin – The Currency of the Internet

The British pound is the oldest fiat currency in existence at 317 years. The pound was originally defined as 12 oz. of silver. It’s now worth less than 0.5% of its original value. In other words, the most successful long standing currency in existence has lost 99.5% of its value.

The British pound is the oldest fiat currency in existence at 317 years. The pound was originally defined as 12 oz. of silver. It's now worth less than 0.5% of its original value. In other words, the most successful long standing currency in existence has lost 99.5% of its value. submitted by /u/AnoniMiner
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Bitcoin – The Currency of the Internet