It will crash when theres major adoption of digital currency. And people realize it doesnt work as money. Trying to be a gold standard is just nonsense and most people will see that.
Post by twetch#13320
It was supposed to crash after the halving as miners went bankrupt.
BTC as digital gold is here to stay.
What the chain says
- Block
- 658 710
- Time
- 2020-10-27T16:37:53Z
- Signer
- 17J6mvwCKnPsVsxnasXvVsetvuUWQQMX9c
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#13320
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
17J6mvwCKnPsVsxnasXvVsetvuUWQQMX9c VerifiedReplies (4)
I dont think it will be the case when major adoption comes. Its like when the car was invented. It was mainly for the rich and nay sayers stuck with their horse. Accept btc is not a car bsv is a car. Btc is mostly owned by people with money. People 1/2
With little money dont own things they cant use.
That's a really good point you make.
For example farrari is worth 30 billion toyota is worth 236 billion yes theres a market for niche things but you have to appeal to the masses. Banana republic, gap and old navy are good examples as well.