I agree with much of what you say, regardless if you're downvoted.
What people don't understand is that crypto currency, although having many vulnerabilities, is based on something the central banks HATE.
Decentralization. Crypto is a huge opportunity for people to control their own money in an honest fashion, validated by a ledger viewed by anyone. No audits necessary, no hiding, none of that horseshit.
Now with bitcoin, I think it's one of the shittiest coins out there, just the first mover. But many are coming out, may the best rise to the top. There needs to be some tweaks because it is certainly being manipulated... Interesting to see the solution to that problem.
Yeah, people here seems to lack basic understanding of how banks, finance, regulations, markets, manipulation, and how all of this work in the big plan and long term vs fiat / assets / crypto, but not much left, crash is near, soon they will realise what really DEFI is and why there are wars behind anything that can't be controlled like....their FIAT
Agree for the second part, but let's keep in mind, the BTC will be there, it won't disappear nor lose value, from here to some years we can see it well over 250k each, as it's the best resource where you can hide your assets and also get interest and stuffs on top of it
Sure there are other coins, i do have assets in around 10/15 main coins that are really well promising (i remember buying just few months ago MATIC for cents, it was increasing well but then it became a part of Egyptian Logistic Systems, even if the market crashed it kept running until around 1.8 eur or something, wish i bought thousands of!), plus many other alt and shit coin as throwaway, and yep
BTC now is useless ' to make money ' as you need to invest to much to generate a decent return, and on this side many alt coins are way better, just look ETC where it was a month ago before the spike and crash, 20€ each, within 5 days was around 110€, and so on for the others, of course, one has always to keep in mind volatility when trading
Also for who's scared of the coins themselves, there are stable coins that in some cases have a 1:1 ratio with the FIAT
problem there on keeping stablecoins, if the fiat crashes, the stablecoins will crash as well, while crypto would spike, hence would be a big loss anyway
I agree with much of what you say, regardless if you're downvoted.
What people don't understand is that crypto currency, although having many vulnerabilities, is based on something the central banks HATE.
Decentralization. Crypto is a huge opportunity for people to control their own money in an honest fashion, validated by a ledger viewed by anyone. No audits necessary, no hiding, none of that horseshit.
Now with bitcoin, I think it's one of the shittiest coins out there, just the first mover. But many are coming out, may the best rise to the top. There needs to be some tweaks because it is certainly being manipulated... Interesting to see the solution to that problem.
Yeah, people here seems to lack basic understanding of how banks, finance, regulations, markets, manipulation, and how all of this work in the big plan and long term vs fiat / assets / crypto, but not much left, crash is near, soon they will realise what really DEFI is and why there are wars behind anything that can't be controlled like....their FIAT
Agree for the second part, but let's keep in mind, the BTC will be there, it won't disappear nor lose value, from here to some years we can see it well over 250k each, as it's the best resource where you can hide your assets and also get interest and stuffs on top of it
Sure there are other coins, i do have assets in around 10/15 main coins that are really well promising (i remember buying just few months ago MATIC for cents, it was increasing well but then it became a part of Egyptian Logistic Systems, even if the market crashed it kept running until around 1.8 eur or something, wish i bought thousands of!), plus many other alt and shit coin as throwaway, and yep BTC now is useless ' to make money ' as you need to invest to much to generate a decent return, and on this side many alt coins are way better, just look ETC where it was a month ago before the spike and crash, 20€ each, within 5 days was around 110€, and so on for the others, of course, one has always to keep in mind volatility when trading
Also for who's scared of the coins themselves, there are stable coins that in some cases have a 1:1 ratio with the FIAT
problem there on keeping stablecoins, if the fiat crashes, the stablecoins will crash as well, while crypto would spike, hence would be a big loss anyway