The big question is this:
Will the #BTC ponzi crash with the general economy, or will it crash happen after the economy totally collapses?
Only a matter of time now.
Post by twetch#25395
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.
What the chain says
- Block
- 658 708
- Time
- 2020-10-27T16:24:45Z
- Signer
- 1z4hdDnjSwqkukN6VuSFjfmA9Zj29YHWc
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#25395
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1z4hdDnjSwqkukN6VuSFjfmA9Zj29YHWc VerifiedReplies (5)
It was supposed to crash after the halving as miners went bankrupt.
BTC as digital gold is here to stay.
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.