Despite all of the drama with FTX:
-Apple pay added USDC support
providing an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.
Crypto is here to stay.
Gentleman, adoption is starting to lift off!Despite several unfortunate news along the years it is fantastic to see that Bitcoin is still conquering. Yes, big companies are starting to get in and more are bound to come.
Latest great news as to do with Shell saying it is developing new mining energy solutions for Bitcoin, which is huge news.
Definitely.
Despite of the issue which happened recently, I doubt that it will cause permanent market crash. On my point of view, what happened recently is just part of the development on this industry. Progressive development includes errors. What matters the most is that, it is being solved. Ofcourse that would be hard for losses but atleast, other exchanges such as Binance are taking over of the breach. And also, huge tokens remained firm. It just became a domino effect which triggered another crash this week. Many people sold their holding, pulling down the market prices of many cryptocurrencies.
Crypto is here to stay.
All the current sad events happening and that have happened are making cryptocurrency stronger and the system better, we are learning from all the experiences. So yes crypto is here to stay. Since crypto has survived through these events so far, it is an indication of something that will last long term. If it was not a long term thingy, crypto would have been a failed or failing project generally by now.
We had many problems before; it was even banned to huge mining countries but still, we're here and being noisy. As long as there are people trusting this industry inspite of imperfections, I guess development will continue for this industry.