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by sjsharkie 1990 days ago
But BTC will never be the best or only way to do that, so once it actually is priced to a real function (transfer capability) it won't be scarce or unique. You can print an infinite amount of alternative coins or stable coins (or even other services without crypto at all) to do transfers including intl transfers.

"BTC will always go up as demand for it will always go up" is nicely self reinforcing as long as it is believed by enough to be true, but the price can go to $1 without issue once it is not.

But since it seems quite likely to at least 3x or 10x or who knows before that sad end occurs, I'm not exactly recommending you short it.