Bitcoin $100,000? Bitcoin Is Back Above $50,000 and The Halving Is Coming April 19th, 2024 – February 14, 2024,

Although the overall infrastructure of Bitcoin hasn’t seen much improvement, the price continues to grow, especially as we near the halving. Will Bitcoin reach $100,000? Maybe I personally imagined the growth of Bitcoin to be related to central bank interest rates, which appears to be incorrect for the time period.

The anticipation for many is that interest rates will come down, but I don’t see how, based on the fiscal policies of most developed nations, which, depending on how you look at things, might make Bitcoin a more attractive investment.

If the U.S. dollar is losing value internationally and Bitcoin is imagined as a safe haven, well then the value of Bitcoin will continue to rise; however, the international value of the U.S dollar to date hasn’t declined; however, the DOMESTIC value of the U.S dollar for U.S. citizens has declined with the rise of the “climate change Alarmism” agenda.

So, if more Americans and people living in Western countries are buying Bitcoin, I understand why. But my position on the Bitcoin is that it’s worth the risk, if you have a lot of money already making money, however if you’re poor, I don’t think risking it all on Bitcoin, is a great long term strategy. Because Bitcoin is still digital, governments can still tax Bitcoin at the point of sale towards legitimate businesses that legally accept Bitcoin.

I also fail to comprehend this push to have Bitcoin regulated, which is a bad thing if the price of Bitcoin appreciates and the governments start to find ways to tax holders at the point of a gun.

Interesting times ahead!