While majority of statements in the article is true-good job, keep content coming-the benefit to crypto , Bitcoin especially, is the real life application of blockchain Technology. Blockchain was officially introduce to the world in 2009 with da intro of Bitcoin-hence it's synonymous I.D. Many techs what are in form today was in the works during the 80s. This live experiment is driving society to more and more into this tech. Bitcoin going to be- more or less good or bad-one of the few avenues in which the public is going to benefit from the adoption of the tech. We already see the attacks that will minimize the usefulness to the public via: regulations-look at Coinbase, taxes-any transaction other than exchange of fiat requires disclosure, and/or energy-look at the environmental attacks and on Bitcoin, etc. Now an interesting twist to this story comes from the adoption of Crypto in retirements accounts via ETFs. As of now, BTC and ETH are the proxies normalizing them which in theory will control it's volatility-e.i. price control.
Good thoughts. Traditional diversification is dead. All assets are correlated in this era of high fiscal dominance. So we need to focus on finding the fastest asset in this rase of global fiat debasement. Bitcoin has certainly been top of that list.
While majority of statements in the article is true-good job, keep content coming-the benefit to crypto , Bitcoin especially, is the real life application of blockchain Technology. Blockchain was officially introduce to the world in 2009 with da intro of Bitcoin-hence it's synonymous I.D. Many techs what are in form today was in the works during the 80s. This live experiment is driving society to more and more into this tech. Bitcoin going to be- more or less good or bad-one of the few avenues in which the public is going to benefit from the adoption of the tech. We already see the attacks that will minimize the usefulness to the public via: regulations-look at Coinbase, taxes-any transaction other than exchange of fiat requires disclosure, and/or energy-look at the environmental attacks and on Bitcoin, etc. Now an interesting twist to this story comes from the adoption of Crypto in retirements accounts via ETFs. As of now, BTC and ETH are the proxies normalizing them which in theory will control it's volatility-e.i. price control.
Good thoughts. Traditional diversification is dead. All assets are correlated in this era of high fiscal dominance. So we need to focus on finding the fastest asset in this rase of global fiat debasement. Bitcoin has certainly been top of that list.
I also wrote a post recently that dives into Diversification a bit more.. https://simplyfinance.substack.com/p/this-is-how-to-diversify-your-portfolio
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