1) Banks WILL become Bitcoin Banks. (Banks always go where the money is for them).
2) "Not you keys, not your coins" losing favour to convenience. There's a lot of opportunity for innovation in the self custody wallet space to reverse this trend.
One dollar invested in Bitcoin at its first market price would be worth $29.8m today. That dollar invested in Gold would be worth a snickers bar.
In this chart I've wound back the clock to include Gold's last really big run in the 1970s (when the structure of money was reset).
Altcoins aren't going away. Markets like them.
Alts are leveraged instruments on BTC. But with special properties.
When BTC goes sideways, we get bored and divert funds to alts, alts pump. You can't leverage BTC for gains when it's sideways.
Alts die when no capital flows in.
@smithandthell, dziękuję za wspólny czas spędzony w @Spotify. 238 – tyle minut towarzyszyły mi Twoje utwory w tym roku. Jesteś moim numerem 1. #2020Wrapped https://t.co/kP2DQR8isW
While we wait for BTC post an all-time-high, both on the monthly chart of $14k and the 20k prior top. I'll point out that the organic valuation under NVT Price from underlying long term investors is already at an all-time-high. Price will follow.
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