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Home Bitcoin News Do People Still Think Bitcoin (BTC) is the Future?

Do People Still Think Bitcoin (BTC) is the Future?

Do People Still Think Bitcoin (BTC) is the Future
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Do People still think Bitcoin is the future? Bitcoin in the early 2010’s was marketed by the maximalists as ‘the new money’ but now it is simply ‘a store of value’ in 2022. It is now obvious that many investors realize that bitcoin is not for those who are hard-working, but financially naïve. It is very obvious that several investors who cannot lose too much have lost a majority of their value invested in Bitcoin.

Michael Saylor:  There are thousands of choices, but just one Bitcoin (BTC). Bitcoin is a lifeboat, tossed on a stormy sea, offering hope to anyone in the world that needs to get off their sinking ship. We are witnessing the birth of a new industry during the worst financial crisis of our lifetime.

If you don’t stand for something, you will fall for anything. After investing 100 hours we all come to realize that Bitcoin is 100x bigger than the next best digital commodity network and utterly unique.

Those using the words cryptocurrency and Bitcoin interchangeably understand neither.

 Bitcoin Believers:  This is the currency that has risen to prominence in the past couple of years, but there are thousands of choices. Just one Bitcoin. It’s all about choice, isn’t it?

If you are completely devoted to the technology, the price swings doesn’t matter!

Bitcoin Naysayers:  If I had your money, I wouldn’t hold it in BTC for long. Instead, I would multiply that money into thousands by opening long and short trades. I’d make enough money to take over the world. Bitcoin is the first, not the last. Arguably not the best.

Doesn’t the Bitcoin mining counsel want to censor bitcoin tx’s based on ESG and other BS nonsense?

Bitcoin dropping and dropping. BTC is a meme coin based on hype, emotion, ignorance, and FOMO.

How do you stop people selling Bitcoin and buy into other cryptocurrencies that are unlimited in supply?

 I’m beginning to suspect that selling the house, taking out a loan and buying bitcoin for 64k was not the best idea.

The problem is that the institutions are liquidating everyone and only very few will have it.

When El Salvador collapses from its failed #Bitcoin gamble, the entire world will be watching. No country will ever want to adopt Bitcoin again, which will be the final nail in the coffin.

Conclusion:  Those who went behind influencer ideals tend to regret now.  However, it is to be noted that influencers express their love for Bitcoin.  And, it is for investors to base their discretion to their investment decisions. The reality is that not everyone has the money to buy BTC, let alone a full BTC.

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Maheen Hernandez

Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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