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is the demise of Luna a sign that Bitcoin is a survivor or is Bitcoin just the last part of the Titanic still sticking out of the water. Time will tell but I a
by SkipperCat 4y ago
is the demise of Luna a sign that Bitcoin is a survivor or is Bitcoin just the last part of the Titanic still sticking out of the water. Time will tell but I am not bullish on cryptocurrency.
Anything can be a store of wealth. NFTs even had their day in the sun but it's hard to stay valuable unless you are providing actual value.
So I ask, where' the value in Bitcoin. It used to be a great way to launder money, not so much anymore. It was supposed to democratize finance and allow the individual to not get screwed over by the big banks, but with the amount of rug pulls in crypto, I feel safer at Wells Fargo (and I really hate Wells Fargo).
And don't get me started on DeFi. I'd be horrified by it if I just saw one Flash Loan attack but there's so many that I'd never trust my $$$ anywhere near that.
- louloulou 4y agoA globally accessible sound money that can be stored in your brain is pretty valuable to me.