You might think I’m a bit a crazy to even suggest bitcoin as a potential ‘haven’ asset. Bitcoin is very risky and there’s lot of uncertainty about its future.
Each year, anyone can bid for a three-hour lunch with the Oracle. This year, the lunch with Warren was worth US$4.6 million to someone…That someone was crypto tycoon, Justin Sun.
As per the cyclical nature of things, the crypto landscape has slowly begun to tip in a warmer direction. It’s not spring yet, but there’s a definite thaw taking place.
It’s funny…for most people, money is just money. But I believe we’re standing on a precipice for this current system of money.
If you keep tabs on bitcoin or have had some loose coins rattling about in your digital wallet, then you’d have been pleased to see that cryptocurrencies are enjoying a resurgence.
Forum chat is about as effective a use of time as Facebook or digging a mud hole in the rain. Nowhere is this more evident than in the world of cryptocurrency.
With bitcoin, we believed it would go mainstream. An alternative to fiat currency that could hold its value like gold. This was an idealistic dream.
Cryptocurrencies took the world by storm in 2017. But since early 2018, the price of most cryptocurrencies has been in a steep retreat. Including the crypto granddaddy — bitcoin.
Cryptos have seen some positivity recently, and there are quite a few things going on behind the scenes.
Banks are closed. What do you do? Panic starts to set in. Where is your money? And, why can’t you access it?
Bitcoin has been around the longest of all cryptos, which could mean — according to Lindy’s law — that it has the best chance of all cryptos to survive.
Buffett remains an idol of mine and I’d give my right arm to be a tenth as good as he is at picking stocks. But that doesn’t mean he’s perfect.
Bitcoin is the most famous cryptocurrency on the planet. So why are banks and governments so eager to kill it off? What’s the catch here?