Categories
Crypto

BTC ain’t as great as you think, but it’s still great.

I literally agree with every word in both the text and image of this tweet:

Many people find it hard to believe that everything in this tweet is completely logical.

Cryptos are highly volatile, which makes it a bad investment, but good for trading.

Cryptos have not shown evidence of hedging inflation or being stable against US market fluctuations.

Cryptos such as Bitcoin entirely depend on someone wanting a BTC for more money than you paid. There is no inherent economy around BTC.

Also, long Bitcoin, short bankers.