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The crypto critics told you it was going to zero remember? Where are they now? Dead silent after Ripple won the SEC lawsuit, the ETFs being approved and now BT

by rvz 3y ago

The crypto critics told you it was going to zero remember? Where are they now? Dead silent after Ripple won the SEC lawsuit, the ETFs being approved and now BTC reaching $70K This time without interest rate cuts, FTX, etc. So I say again: Like it or not, crypto is here to stay.

RestlessMind 3y ago
"crypto" is not a very useful term. There are multiple classes within it, some good some bad. Bitcoin is one and definitely going to stay around as a store of value (digital gold). There are legit projects like ETH, USDC or Uniswap which have earned credibility in one way or the other (being open source, regulators allowing them to exist etc). Most of the alpha is going to be in this bucket, as it is still maturing. And then there is a cesspool of scammers (SBF) and shitcoins. Stay away from those.