"But but but Lark did you see the price of #crypto#bitcoin today, how can you be bullish?"
I am an investor. I understand and believe that this is and will be the biggest, most important, and fastest growing asset class of this decade. The price today is but a moment in time.
The people that stick around for these bearish times have the most to gain when #Bitcoin resumes its overarching bullish trend.
If you leave now, just don't complain in 1-2 years that the people who bought at lower prices were "lucky."
sharing a recent experience selling used video cards from mining rigs... people are 1( still paying above new msrp price for used cards and 2) tons of demand and many offers of people looking for 2-10 cards each. Why do you think that is? #eth#gpumining#eip1559#themerge
A UBS survey finds that central bankers and reserve managers see benefits in investing in #cryptocurrencies like #bitcoin. 11% would consider it as an alternative to gold. https://t.co/A9SEjGUdGX
@PrestonPysh Curious to your thoughts on this - If inflation causes stock prices to drop as interest rates rise isn't it unrealistic to think that people will take money out of stocks to buy what is perceived as a riskier asset, Bitcoin?
trying to look at it from both sides w a balanced view
@UgurOze44089754 Mining has turned into who can find the cheapest energy. The biggest ESG incentive the world has ever seen. Anyone (regardless of their size) can participate in securing the network by selecting any mining pool they wish.
Our engineers just informed me that they dug a new well that will provide approximately 95MW of 100% clean, 0 emissions #geothermal energy from our volcanos. #bitcoin#mining https://t.co/gh04cKHi4J
Watching @cnbc and the guest who used to work at the SEC has absolutely no understanding of crypto. Says there is zero utility. One certainty is crypto will continue to positively impact business more than the SEC. I’m happy to educate him on the applications we are developing
JPM: US Inflation could get hotter before normalising due to
1. global logistics and supply chain disruptions
2. transitory factors like restrained labour supply
3. oil price recovery
4. release of pent-up consumer demand
5. base effects of weak 2020 price prints