LOL, this is exactly why Bitcoin will NEVER be the global crypto.
The majority of humans do not recognize BTC as anything more than one of many decentralized currencies. And why would they support a currency that only makes a select few richer when BTC does NOTHING better than other cryptos.
Now.... ISO 2002022 or whatever..... now those cryptos may do something but BTC was a designed bubble. Who's going to be left holding the sand bags?
Its worth what people will pay for it, trading crypto has been a pretty profitable second job for me for the last decade or so, its just a part of my investment portfolio
Yeah, I know people that put everything they have on BTC and I worry about it since it reminds me of the Mississippi Bubble. There is concept called gresham's law with competing currencies - people would save the currency they perceive to be higher value and spend the less valuable. The store of value function is important.
SILVER IT IS!!!
LOL, this is exactly why Bitcoin will NEVER be the global crypto.
The majority of humans do not recognize BTC as anything more than one of many decentralized currencies. And why would they support a currency that only makes a select few richer when BTC does NOTHING better than other cryptos.
Now.... ISO 2002022 or whatever..... now those cryptos may do something but BTC was a designed bubble. Who's going to be left holding the sand bags?
Its worth what people will pay for it, trading crypto has been a pretty profitable second job for me for the last decade or so, its just a part of my investment portfolio
Yeah I talked to some of the higher ups at my property management company I work at/
They all said no to Bitcoin.
Yeah, I know people that put everything they have on BTC and I worry about it since it reminds me of the Mississippi Bubble. There is concept called gresham's law with competing currencies - people would save the currency they perceive to be higher value and spend the less valuable. The store of value function is important.