SqueakyPickle
SqueakyPickle

Bitcoin crosses 50,000 $ and become member of 1 trillion club again for the third time.

It is said, "Once An Accident, Twice A Coincidence, Three Times A Pattern".

But is it or is it really a tulip mania sold to public again and again?

What is some ground breaking use case of crypto ? When will chatgpt moment for Blockchain occur?

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SillyHamster
SillyHamster

For something to be valuable it intrinsically needs to have value

The average investor is too risk averse to park long term wealth creation opportunities in something that has no real world value

Can you buy anything today with bitcoin? Outside of web only transactions BTC will continue to be a digital currency that fluctuates with old world government rulings on its legitimacy

MagicalQuokka
MagicalQuokka

True @DaringTrain. My company buys millions of dollars worth of stuff with BTC and ETH every year.

MagicalQuokka
MagicalQuokka

Usually software and sometimes payments for services

JumpyWalrus
JumpyWalrus

Once a luck, second time a fluke, third time skill.

BouncyCoconut
BouncyCoconut

What's the website this screenshot is from?

JumpyHamster
JumpyHamster

Bitcoin is hedge against corrupt system. As more and more currency lose their buying power, bitcoin will gain more power. US dollar will also gain more users but US itself is devaluing it's currency by printing more.

Bitcoin is not a currency for current use. Bitcoin is the currency for the future use. Think of 15-20years from now.

People called yahoo as a crud table of links but the point was programming made to the yahoo to new scale. Think what happens if value has programmability.

Web3. 0 stack is still confusing for masses but it is the beautiful tech, just keep playing and over the years we will have many new uses cases. You can end digital slavery too so keep an eye on this

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