@mira_hurley@wintonARK Good point. But the case is even stronger looking ahead. Every evidence suggests BTC becoming mainstream and it has become too big to vanish. Risk is significantly lower than in the past (but perhaps so is the reward), but still very asymmetric, very!
@pmarca I don't understand the logic here....What can you do with all of the Coca-cola in the world? You need to sell them to someone otherwise it worth nothing....
@mule480 @BobLoukas This is like being a truck driver (making your living off driving) and saying I don't care about self driving cars and the related technologies!!
@jbmp51@BobLoukas BTC and ETH (and the rest of the crypto) are completely different things. The ESG arguments are BS as you know (don't even get me started on that).Use cases:
Decentralized deflationary censorship resistant store of value
@Batz_5@BobLoukas Many were also laughing at the idea of interrupting the all businesses at the time. You can make jokes out of anything. But I don't see many legit arguments against Bitcoin from those who understand it.
@_danisaurio@TheRealPlanC For to the moon we need fresh money coming to the system as well. Illiquid supply will help holding up the price but to push it up new money is needed
@BugDuckKiwi@investanswers @medfreaky No one knows what the landscape looks like by 2030 so best would be to have an open mind. These coins could be the AOL or Google, at this time they are solid projects comparably... things may or may not change.
@GaryLeland - Hard 4 them to understand it!
- Lower risk appetite
- Funds are already depolyed elsewhere
- Their Financial Advisors
- Taking Fed too seriously
- Short time horizon (i.e. Can't wait 10+ years)
- Initially didn't like it, don't want to change mind
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@CryptoMarthaB@steyn1974@cryptomanran Great job! How are u copping with the ups and downs. To me nothing is more clear than the BTC price action in a long enough future time frame, but you are in another level!! How were you orange pilled and wen was it?