Samson Mow, CEO of Pixelmatic, says that it’s a good deal to buy Bitcoin (BTC) for $27,000. In a recent message, Mow talked about how much Bitcoin is worth compared to how much money the US owes. He said that the United States In just one day, they borrowed more than half of Bitcoin’s total value.
In just one day, the US borrowed more than half of Bitcoin’s total value. That’s about 10 million bitcoins. But some people are not sure if $27k is a good price to buy. “The link for the picture is RMxdzB01yL”
Samson Mow tweeted on October 4th, 2023.
Mow posted a picture of the most recent U. S Using X (formerly Twitter) to borrow things. The information that everyone could see, showed that the United States. Borrowed $275 billion in one day, bringing its total debt to a record high of $33. 442 trillion
Many people who saw Mow’s post thought about the current situation in the United States. The amount of debt is way too high. One of them, Muaawiyah Tucker, thinks that trying to understand it shows how serious the situation is. Tucker said the problem doesn’t just come down to how much money the U. S The government is making money, but it’s not clear how much regular people will get compared to wealthy and powerful people. Tucker called the wealthy and powerful people “the owners and controllers of financial capital. ”
Another person named ClipShoe agrees with Mow’s opinion that Bitcoin is worth more than $27,000. ClipShoe says that the price of Bitcoin is still not very high. He thinks lots of new money will come into the finance industry. ClipShoe stated that people who buy things for a long time have run out of money, and things will change a lot when new people start buying.
Bitcoin is used by many people as a way to save money instead of using traditional methods. The main cryptocurrency has been used instead of regular money in lots of countries. Many investors have looked into how the value of it can go up, especially when regular money is not doing well.
Right now, the price of Bitcoin is $27,647. Many financial experts think that the price of Bitcoin will increase in the next few months because of different reasons, such as the strong U. S economy Debt profile means the amount of money a person or a company owes to others.
This article is only for learning and understanding, not for making any important decisions. The article is not giving any advice about money or anything else.