Post
Topic
Board Bitcoin Discussion
Re: Can BTC really be a safe haven?
by
gentlemand
on 24/04/2020, 12:39:18 UTC
To answer the question: can BTC really be a safe haven? we'll have to find out what is the main problem that keeps it far away from being one?

It's down to size and saturation. Both are a fraction of their possible eventual dimensions. If it doesn't continue to grow and distribute wider it'll forever be the plaything of a few creeps on bucketshops.

The leverage thing won't go away. That's what attracts people to it. What'll temper it is more of them ballsing up and wiping themselves out and real world usage prising it out of their hands. To get to safe haven status will take many years with many bumps along the way.