It is said, "Once An Accident, Twice A Coincidence, Three Times A Pattern".
But is it or is it really a tulip mania sold to public again and again?
What is some ground breaking use case of crypto ? When will chatgpt moment for Blockchain occur?
For something to be valuable it intrinsically needs to have value
The average investor is too risk averse to park long term wealth creation opportunities in something that has no real world value
Can you buy anything today with bitcoin? Outside of web only transactions BTC will continue to be a digital currency that fluctuates with old world government rulings on its legitimacy
There are literally ATMs in the UAE and other countries from which you can exchange BTC for fiat. The world is going digital. Tech laggards would have said the same thing about UPI or Pix in Brazil, and now they dominate payments. Telegram has created an excellent wallet that works very similar to our beloved Paytm wallet. And this nonsense of people not parking money in bitcoin: literally everyday there are $500m of incremental inflows in BTC ETFs since their launch. People wanted to get exposure to BTC, but didn't trust decentralised wallets especially after 2022 fiasco. Now that reputed names like Blackrock, Fidelity are offering ETFs, people are parking money in them. Quite a few of my friends want this in India, where they can do an SIP structure.
True @DaringTrain. My company buys millions of dollars worth of stuff with BTC and ETH every year.
I am impressed at Silver. Such a no-nonsense, driven commodity. Always being outshined by its glittery peer. But kept its head down and executed well. And see, now it finds itself in top 10. Kudos!
Once a luck, second time a fluke, third time skill.
What's the website this screenshot is from?
Bitcoin is hedge against corrupt system. As more and more currency lose their buying power, bitcoin will gain more power. US dollar will also gain more users but US itself is devaluing it's currency by printing more.
Bitcoin is not a currency for current use. Bitcoin is the currency for the future use. Think of 15-20years from now.
People called yahoo as a crud table of links but the point was programming made to the yahoo to new scale. Think what happens if value has programmability.
Web3. 0 stack is still confusing for masses but it is the beautiful tech, just keep playing and over the years we will have many new uses cases. You can end digital slavery too so keep an eye on this
Crypto was promised to be the bane of fiat currency, evil central banks and centralised control over financial transactions. The more I understand it, the more it seems technically feasible and very much possible but practically difficul...
Pick your poison- Fiat currency controlled by central banks backed by private equity and rich people Vs Cryptoc...
Also, which digital assets in general are you bullish on and why?
Ai agents can use crypto as a payment method or as a currency.
Heard Pillow is winding down operations. Their website says its because of regulatory troubles; I'd like to know what troubles - purely from an academic perspective.
If anyone has any behind the scene knowledge or know anyone who does?
The initial Cap was 30L. Right now, last month's total PBT was $37k