TL;DW
28:40 to 30:00 is the actual crux of discussion.
When tether goes down, like most of us in the crypto space already knew for a long time, it will put the market on sale until it recovers. They know who runs tether, so their shit will get confiscated and/or evaporate causing deflation on the blue chip coins that make it through. The rest of this guy's opinions are conjecture and I honestly couldn't stand listening to any more of his drivel and shut it off.
Yes, there are people who do, on both questions. The last bitcoin is expected to be mined in something like year 2100. Bitcoins are split into Satoshis, one-millionth of a bitcoin. The knowledgeable crypto people say one Sat will someday be equivalent to one dollar. I'm not sure I believe that necessarily, but maybe someday long after I'm dead. 🤷
TL;DW 28:40 to 30:00 is the actual crux of discussion.
When tether goes down, like most of us in the crypto space already knew for a long time, it will put the market on sale until it recovers. They know who runs tether, so their shit will get confiscated and/or evaporate causing deflation on the blue chip coins that make it through. The rest of this guy's opinions are conjecture and I honestly couldn't stand listening to any more of his drivel and shut it off.
Yes, there are people who do, on both questions. The last bitcoin is expected to be mined in something like year 2100. Bitcoins are split into Satoshis, one-millionth of a bitcoin. The knowledgeable crypto people say one Sat will someday be equivalent to one dollar. I'm not sure I believe that necessarily, but maybe someday long after I'm dead. 🤷