@RentYourStocks Its all fine as long as people can pay for them using our credit cards oh and also increasing the overall credit debt overtime because everyone is totally gonna pay it back completely . No biggie.
@InvestWMello@201_hype@ceomnsr Good luck shopping using bitcoin day to day, most people who “buy” with bitcoin are really only exchanging it for usd anyways. Never mind the exchange fees.
@InvestWMello@201_hype@ceomnsr Growing evidence could mean anything significant or insignificant, like i said use cases are limited. And iran accepting bitcoin isn’t in isolation, they are accepting all types of payments. Bitcoin is a huge minority.
@InvestWMello@201_hype@ceomnsr Well the reason the stock market works is because you can actually derive value from financials, you can’t do that with bitcoin lol. I don’t see why you would disagree with that. Its okay though, you do you.
@InvestWMello@201_hype@ceomnsr Use cases of bitcoin is currently very limited or inefficient, it hasn’t proven to be anything special besides a few cases. World runs on paper currency or hard assets, crypto has been a mess since inception and still is.
@InvestWMello@201_hype@ceomnsr No one cares about the last 10 in regards to bitcoin, yes everyone knows it had a parabolic rise but that rise wont continue as there’s only so much liquidity in the market at once. Notice institutions (only ones who can push the asset significantly higher now) mostly trade.
@InvestWMello@201_hype@ceomnsr Years from 2020-present it should’ve been the time for bitcoin to truly prove itself but as its more institutionalized its becoming more as a trading asset for institutions than anything else. Id be very surprised if it even keeps up with $spy the next few years.