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World’s Best Market Timer Shares His Thoughts On Bitcoin
Bitcoin is plummeting straight into the Earth’s core! How could this happen when there were so many fantastic new crypto projects like C*mRocket? Not to mention hip, relevant, and cool social media influencers like Soulja Boy and Elon Musk — who still thought Harambe was a funny meme in 2019.
Rest in peace to easy gains and may all the liquidated tokens enjoy their stay in blockchain heaven, where they’ll be HOLD’d by angels.
All jokes aside, scam pump and dumps went to zero while Bitcoin’s utility is at all-time highs. El Salvador just passed a bill making Bitcoin legal tender. Visa partnered with BlockFi. And Paraguay is looking into new crypto mining ventures. There’s a lot of large-scale adoption, yet “blue chip” cryptocurrencies are significantly.
Bitcoin: The New Gold?
Visit a country like Vietnam or China and you’ll see gold shops and gold brokers on almost every corner. War and political instability are recent memories, making gold something of an unofficial “true currency.”
In fact, property sellers in Vietnam only accept gold for real estate transactions. There’s a huge market there for non-fiat based currencies.
This is obviously speculation, but, crypto becoming mainstream could replace gold in…