Crypto is no different from any other asset in terms of value. Supply v. Demand. Undervalued v over valued. Usefulness v useless (scams) most coins are useless and manipulate nubes into get rich quick when in fact its a trick to get the developers- rich quick. #Crypto#investing
Elon Musk
Jeff Bezos
Sir Richard Brandon
Are not "space tourists"
They have read the "Doomsday" mega data and concluded the approximate date of... given current population, pollution ratios.
They are engineering "our" specie's survival.
Inflation = purchasing power of $1,
Comparing time A to time B (present)
USD is a terrible asset (not scarce - decreasing value)
USD **has been** and continues to buy much and much and much less per USD.
usinflationcalculator . Com - run your own scenarios.
#inflation#USD
BTC will explode as hoped & predicted when the masses pummel their wealth into BTC (including major institutions) to preserve as a store of value with predictable, stable growth.
BTC won't explode until, traditional stores of value (dollar value, stock market etc) implode.
@marenaltman BTC will explode as hoped & predicted when the masses pummel their wealth into BTC (including major institutions) to preserve as a store of value with predictable, stable growth.
BTC won't explode until, traditional stores of value (dollar value, stock market etc) implode.
The crypto space as an asset class is entirely subject to "human association of their financial stability" More stability = bad for crypto. Less stability = good for crypto. The question is which one will dominate the next 10 years?
Maybe Elon knew what he was doing?
Is it possible he had insight on massive cash waiting on the sidelines to be played at the next large Dip?
If the market responds favorably to ATH in the next 2-3months. I'll stick with my theory.