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To: dennisw
Meh, seen it all before. It drops and takes years to go back up, but it will hit a new high at some point, then drop down 50-70% again as people offload gains and retire. Cryptocritics once again show up to talk about tulip bulbs and how stupid crypto investors are, use the same phony criticisms. Rinse, repeat.

For anyone paying attention, it’s buying time. Payment acceptance for crypto continues to grow (which is different from what the exchanges are doing). Gucci, Tag, Bulgari, Chipotle, and dozens of other brands are launching crypto acceptance solutions, just in the past few months. It continues to grow in real estate transactions, especially outside the US since in many countries (South American countries especially), it’s not a taxable event.

Watch while adoption keeps growing even against the monumental power of Internet naysayers on message boards.

56 posted on 06/15/2022 2:25:57 PM PDT by GunRunner
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To: GunRunner

https://www.reddit.com/r/Bitcoin/comments/v8djnt/school_kid_in_south_africa_using_sats_as_unit_of/?utm_source=share&utm_medium=mweb3x


57 posted on 06/15/2022 10:25:48 PM PDT by dinodino ( )
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