1.- Is #hyperbitcoinization a utopia or an inevitable event?
2.- First of all I will explain what #hyperbitcoinization is and I will refer to it as HB from now on, also to say that the thread will have a fundamental part and another TA part, if you want to go directly go to the tweet (27/43)
3.- The HB is the globalization of the #Bitcoin pattern at all levels, nations, institutions, companies and individuals as a means of legal payment.
4.-Starting with the fundamental analysis, we will say that more than a utopia it seems mathematically to be the final destination of any world reserve currency, whose value always tends to its production cost, that is, to 0.
5.- Always controlled by a centralized entity that manages and manipulates the value in favor of its interests or third parties, this inevitably produces the fall of its value to zero over time
6.-The current problem is aggravated because due to globalization, the entire system is in the same basket, everything is indexed and the problem remains the same but the magnitude of the global level, debt at the global level today
7.-The fiat system is already in decline but due to its magnitude we are not yet aware of it, although with each passing day we can see more signs that prove it.
8.-Runaway inflation due to irresponsible printing by central banks, which produces a loss of purchasing power and poverty in the lower classes and enriches the highest strata of society
9.- A fraudulent system by nature, here we can see the inverse relationship between printing money and loss of value, a system that punishes savers.
10.- Loss of value of the main global currencies, authentic shitcoins, it is a matter of time before countries start looking for an alternative to protect themselves from hyperinflation
11.-A cold war 2.0 and geopolitical tensions
12.- Polarization and division, political and social in the West and the post-truth
13.- All this global chaos is the breeding ground for the implementation of a dystopian system on a global scale, we have all seen it with the issue of the pandemic
14.- But there was someone who anticipated this dark future, and attacked the root of the problem and so in the midst of all this chaos on October 31, 2008 Satoshi Nakamoto gave birth to #Bitcoin
15.- #Bitcoin is a virtual currency or a peer-to-peer means of electronic exchange that is used to acquire products and services like any other currency, anywhere in the world.
16.- But this currency is decentralized, that is to say that there is no authority or control entity that is responsible for its issuance, there will only be 21M btc that will have to be mined
17.-That in turn this production energy will increase proportionally to the difficulty of mining, the difficulty of finding the hash or hash/rate, here we can see how despite the banning of China the network due to its decentralization continued to function, amazing
18.-In one way or another, digital money has just been born, fiat money is already something of the past, money backed by central banks, by debt, that is to say smoke, nonsense, totally anachronistic.
19.- Obviously #Bitcoin does not appear overnight, its final implementation took more than 40 years to develop.
20.-This is how Satoshi created the first economic constant in history 1 #BTC =1 #BTC, backed by his code and his energy, #Bitcoin will tend to infinity like fiat to zero, Satoshi created a singularity!
21.- Few understand that #Bitcoin has managed to conserve energy and time in the form of code, a singularity that will grow little by little and will implode the fiat system.
22.-This achievement undoubtedly rivals other great discoveries in science, it is only a matter of time before we reach the impact of this fact
23.-It is only a matter of time before the adoption arrives massively, starting with the least developed countries towards the hegemonic countries that will be the last to accept the HB
24.-Regarding the fallacy that Bitcoin produces more CO2 emissions than entire countries, we can see in this graph that Bitcoin is an example for any energy sector, since a large part of its industry is renewable energy.
25.-The increase in energy production has always been proportional to the technological and social progress of civilization, reducing this factor will only make us regress as a species, it is time to innovate and build, not to censor and prohibit, it is time for #Bitcoin.
26.-#Bitcoin today is seen as a risky asset, but it will soon reveal its true nature…
27.- Why is the HB inevitable from a TA point of view, the most fundamental question right now is, where is #Bitcoin at?? Since the general view of the public is quite contradictory, some are very bullish others very bearish and this has a reason...
28.-There is something that does not fit in the current models that will inevitably end up failing, why? Because the current market is valuing #Bitcoin as a high-yielding risk asset, when #Bitcoin is NOT that!
29.-#Bitcoin is mathematically designed for HB, for the creation of a global standard and the absorption of the current fiduciary system, simple technological evolution.
30.- This adoption will have a hyperbolic impact on the price, although many efforts are being made to make this idea sound utopian.
31.-The illusion of massive adoption in the very long term is being created when the system is already showing symptoms of collapse. In 2008 the central banks rescued private banks, but who will rescue the central banks? All wrong models.
32.-The answer is #Bitcoin, the HB will take place in 3 stages, we are in the eye of the storm, the inflection phase, phase II, the point where the phase I models will begin to fail.
33.- Why do we know that Bitcoin has this growth structure? Because its price is compressing and you just have to compare it with another time where something similar happened, the 70s.
34.-The 70s is a time very similar to the current one, it highlighted inflation, the Cold War, the Vietnam War, do these events remind you of something today? Well, let's do a macro comparison between #SPX and #BTC.
35.-What is happening with all this uncertainty and irrational fear, is a macro compression of the economy on a global scale, we see how #BTC and #SPX were compressed in a converging parabolic channel, to later launch the price to the Moon.
36.-If we use the magnifying glass we can see how naturally the price consolidates in this compressor channel and how just when it breaks, the covid fall is caused
37.-Well, now the question is, and how will this intermediate phase between the birth of #BTC and HB develop, my theory is that it will be similar or as #SPX did
38.- Or it could also develop as a fractal structure of itself, who knows, what we do know is that we are entering the inflection zone
39.-Here we also see how the growth structure of the #SPX from the crash of 29 developed in a hiberbolic way, coincidentally #Bitcoin was also born precisely in a great financial crisis like the one in 2008.
40.- If I have to opt for a theory, it would be this one, since a drop of almost 90% is coming, a total collapse of the crypto ecosystem and it makes sense, since the entire shitcoiner ecosystem is short of the value of #Bitcoin and has no sense an HB without absolute cleanliness
41.-I hope that when the Brr..-time comes again, we will go out like a rocket at $100k
42.-Don't look at the price, pay attention to the fundamentals! This thread is not financial advice in any way, it is for educational purposes only.
43.-I hope there will be a HB in the next 20 years and it will be painful… if you liked it RT and Like the first tweet, thanks for your time!
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