Crypto market "analysts" have been wrong more often than they were right. This isn't 2013/2014 anymore where merchant adoption is reason for investor excitement. Everyone with a functioning brain knows that people rather hoard than spend, because something that goes up in value doesn't motivate to be spent.

I like this news because it offers much needed competition in an industry dominated by BitPay. Roger Ver is pushing hard to make Bitcoin the least interesting payment option, just like how his bitcoin dot com wallet by default chooses an exorbitantly high fee for Bitcoin regardless of the mempool state. Too bad this scammer has so much influence in this space.