The Financial Times acknowledges that the US government creating a Federal Bitcoin Reserve will pump up the price and has already caused FOMO with even pension funds pouring billions into ETFs.
Thankfully I can avoid this market and will “have fun staying poor” as the crypto bros say.
Thankfully I can avoid this market and will “have fun staying poor” as the crypto bros say.
Comments
If someone "pitched" or promoted it as something or another that's on them.
But bitcoin exists. It's going to do what it does, and we can watch or participate.
-> https://nakamotoinstitute.org/library/bitcoin/
It can’t be uninvented, and it can’t be controlled beyond what the consensus of humanity executes.
There’s no point in arguing what it “tried” to be or “ought” to be.
All we can rationally do is observe and adopt.
/Fin
Got any more long-winded superfluous rants for us? Conciseness is a virtue.
I said doesn't matter. Bitcoin is what it is
Then you said, "oh yeah? it was pitched a currency, gotcha" (paraphrasing)
I said doesn't matter. Bitcoin is what it is.
Deal with it.
It doesn’t matter whether it was designed to be a currency, a commodity store of value or a ham sandwich….1/
https://finance.yahoo.com/news/microstrategy-long-shot-p-500-124500845.html