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To: The Truth Will Make You Free

I worked for a telecom equipment manufacturer that briefly had a market cap larger than Exxon’s during the dot-com runup. Hard to find a trace of that company today.


14 posted on 11/11/2021 10:14:42 AM PST by Menehune56 ("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
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To: Menehune56
To me, there’s also a large risk that crypto is a bubble. To evaluate Bitcoin as the 6th largest currency is fake if everyone sold it. Look at how Tesla went down when Musk sold a few billion dollars worth of shares.

On the other hand, if bitcoin does become a global currency, the price goes up because the number of bitcoins is fixed.

28 posted on 11/11/2021 1:17:14 PM PST by The Truth Will Make You Free
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