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Twitter Handle, The Sherpa expressed: “Stock prices have reached what looks like a permanently high plateau” – Irving Fisher, Sept. 3, 1929 Just change the word Stock with Crypto and you get where we are.”
Bitcoin is Scarce: If buying Bitcoin is so easy, why don’t these politicians just take their fiat salaries and buy Bitcoin directly? Even better, Coinbase allows one to deposit their fiat checks directly into their Coinbase account. The whole “pay me in Bitcoin!” is purely theatrical marketing.
Politicians are often supported by the companies to the extent that they will lobby those companies behind the scenes.
While investing in Bitcoin can seem complicated, it is much easier when you break it down into steps. Buying Bitcoin is getting easier by the day, and the legitimacy of the exchanges and wallets are growing as well.
The high liquidity associated with bitcoin already has made it a great investment option among those who are looking for short-term profit. Obviously, BTC is volatile. The money is not safe from fluctuations. Those who are looking for safe investment with guaranteed returns, they should not consider investing in Bitcoin.
There are “for” and “against” BTC Advocates giving mixed opinions. It is for individual investors to DYOR.
Lobbying means any attempt by individuals or private interest groups to influence the decisions of government. Thus, more bitcoin lobbying means more adoption which means more use as medium of exchange.
Crypto related companies locate in cities with favourable jurisdictions: Crypto is an asset class and these companies will derive value. Whether we like it or not cryptocurrency, block chain and digital assets will run future industries.
El Salvador has given credibility to Bitcoin as a medium of exchange.
Bitcoin is way past the adoption stage. It’s not a security, because it has no CEO or management and has every quality of sound money. It is a durable and scare store of value and the unit of account is portable. It can’t be confiscated and can instantly transact barter anywhere in the world.
The only way to stay relevant these days is by mentioning Bitcoin. The evolution of money is now. Digital currency is evolving, whether we like it or not, these institutions and tycoons are spending trillions.
Maybe Bitcoin is like Romulus, the first King of a new Eternal City: Versa. Metaverse kingdoms are coming; we’ll have gold on museums not on banks. Blockchain is the new logistics & Crypto, its train surrounded by Airnet. The future is beautiful. Do not fear.
