Little pep talk for you newbs and other too. Hard facts you need to remember about bitcoin!

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Don't let these dips sway your thoughts into thinking doom and gloom.

Just remember this;

1)Fiat money has the ability to become worthless due to the fact that a central entity controls its production. In times of crisis they'll print too much and as much as they could which will just cause everything out there to be worth less.

2)Companies (stocks) have the ability to become worthless as well being that they function on the dollar as a piggyback. They got pumped due to the dollar, NOT because they did better business. Maybe Amazon and Tesla, but other companies no.

3)Bitcoin needs a DEMOCRACY to become worthless, meaning that for bitcoin to become worthless 100% of its participants have to agree on this AT THE SAME TIME. All miners have to shut down, all nodes have to shut down, many bitcoin businesses need to close doors, etc.

Bitcoin is the first time in human history that we have DIGITAL SCARCITY. That alone will make bitcoin always worth it to everyone. So do not become fazed by this. Just use this opportunity to buy more.

submitted by /u/Raverrevolution
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