Post
Topic
Board Bitcoin Discussion
Re: If not for Bitcoin
by
summonerrk
on 15/10/2023, 20:30:07 UTC
When I saw the benefits of having Bitcoin, I take it as a financial suicide not having Bitcoin.

Who would have ever known that from the start of 2021, that;

_3AC(crypto biggest VC) would subsequently collapse.

_ Blockfi, Celsius and voyagar would go under.

_FTX would implode, and SBF being exposed as one of the world biggest fraudster in financial history.

_ Luna would go to 0.


Upon all this event that has took place,  the crypto industry would have completely collapse if not for the confidence and trust investors have in Bitcoin.
It has kept the crypto industry running, just look at Bitcoin today, it's still standing strong above 27k.
If not for Bitcoin, we would have all went home sad.
Cheers to all the bitcoineers

The fact is that even if the price of Bitcoin was 5000, he was and will be more alive than all the living. The fact is that its blockchain is old and slow, as the situation with the ordinals flow showed, but Bitcoin is immortal. Even if its use does not become widespread, it has been and will remain a speculative tool that investors will never abandon. Institutions and banks have mastered how to make money on it by manipulating the price, and they will never give up such an instrument.