Why should it take off now when it's harder than ever to convert to/from fiat?
The average consumer has a hard time using it, meanwhile they can buy their food instantly with fiat that is credited to them from their employer after garnishing wages on command of their government.
It halves come the end of summer either way.
Once that happens, people are going to refuse to sell for lower prices since the cost of mining will be doubled overnight.
For bitcoin I was under the impression that it's pointless to mine even with asics unless you own a power generation facility that can't be idled down easily.
Redundancy is the name of the game, man.
The point is that once it halves, anyone mining will begin receiving exactly half of the value that they were receiving from mining the day before all of a sudden.
Once this situation is coupled with the fear of missing out, the price will skyrocket like it did the last few times.
What do you have to lose by throwing in a few hundred dollars and throwing the BTC in to Gold/Silver after it starts to return to its true price?
It'd be simple to just hold the metals until the bimetal standard surfaces and you're then able to use it like real money.
But, I don't want to tell you what to do with your money, man. I just don't want to see you be a slave any more, so I come to places like this to help people like you.
I don't hold all of the answers and I've been wrong more than once, but I think this is one of the simplest ways I can help all of you out.
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