Bitcoin is set to take off to new heights. Big money investor demand and unlimited dollar stimulus are setting the stage for a possible monumental move. 13k is the number right now but will we be higher before year end? And how high in terms of USD can we go?

https://static.coindesk.com/wp-content/uploads/2014/07/Satoshi-Nakamoto_Michal-Cander.jpg

Like it or not Bitcoin is here to stay. As the global economic paradigm begins to shift many will start to understand why it was invented. You see politicians will never understand the concept of prudent spending. Quite the contrary. They are akin to wealthy children with their parents Amex. No spending limit and purchase whatever they please. 

https://liveandletsfly.boardingarea.com/wp-content/uploads/2019/10/American-Express-Centurion-Annual-Fee.jpg

Yet, when the bill comes due no one is held responsible. Blame the other guy or better yet mortgage some more and double down. Eventually economic law trumps the spend thrifts. But again if it isn’t your money why not? A trillion here and there what’s the difference? And while we are at it make it 20 trillion. All the while the people get $1200 which may pay rent for a month. 

And this issue is not a Republican or Democrat issue. They are one in the same in terms of the level of hypocrisy. They both serve the money masters and not the people to whom they were elected. Ultimately, the people will begin to use common sense in terms of ulterior motives.

Which brings us back to Bitcoin and the blockchain. A system not controlled by anyone since human nature to some degree can’t be trusted fully. Not saying that there aren’t good people on this planet. Greed and avarice are strong forces that are still at play. And most in positions of power have forgotten what it means to serve others. Sad but true. 

So how high in terms of USD can Bitcoin go? Well it’s still my contention that the monetary system will go through a massive overhaul. Some currencies that exist today may not be around very much longer. Not to mention the USD may not exist in it’s current form. So USD price may become irrelevant relative to Bitcoin. 

https://www.newsbtc.com/wp-content/uploads/2018/07/bitcoingoldstandard.jpg

What will matter most is the amount of units one has. I believe the purchasing power will be so high that SATs held will be the standard. And regardless of what new monetary standard is introduced Bitcoin holders will always have their wealth protected. 1 Bitcoin today is 1 Bitcoin tomorrow. Again, most should consider their holdings as an insurance policy. 





Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@automaton/how-high-can-bitcoin-go)