Look into company's finances their a 200 million dollar company that loses millions of dolalrs every single year and doesn't make profit, with 40 billion in debt, leveraging all their shareholders cash into degen gambling you're being a clown. Bitcoin will improve financial responsibility in fiat and traditional finance because it will act as a catalyst for failure via its uncensorable escape ramp. There is zero point in having a blockchain other than bitcoin. A blockchain is a solution looking for a problem. an unscalable mess that solves absolutely nothing. If you want federated systems we have them, we call them legacy finance. KYC also allows you to 'cooperate' with your government, shows that your finances are legitimate and above board, and allows you to finance things in their fiat world. Although I do understand the crypto anarchist view of "F the government, give me completely separate rails on Bitcoin".
Watching people in another forum trying to rationalize why bitcoin is increasing in price despite "punishing crypto regulations" is rather revealing. Don't wanna break the rules - is there a pricetalk or industry or finance related area you guys go to discuss all this?
Some fascinating events happening recently somewhat related to Bitcoin.
Heres the rule for life
if you can afford to light it on fire, and it doesnt hurt you to spend it, then its safe to sink it in btc... in which case this is an awesome time to buy,
if you are risking your stability to make a small purchase, is not worth it. it never is. put 5 bucks aside, work harder, and get in when you can.
Dont sell at a loss like penny stock retards. if you dont need it to eat or pay a mortgage, just let it sit. HODL....
Dont buy if you cant afford to lose it.
If you can afford to lose it and feel like its a risk you want to take, sink it in and welcome to the team!