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by zcar 501 days ago
I remember in 2013 when I first heard about it and didn't do anything. The question is: Will your friends know when to quit?

There are many bitcoin evangelists who think it will lead to freedom. The truth is that it will most likely lead to cbdc, that is why all banks, government and financial institutions are building blockchain technologies.
1 comments
satvikpendem 501 days ago
It already led to their freedom, at least. Even if Bitcoin went to zero, most of them have pulled out enough into fiat to be set for life.
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zcar 501 days ago
For those who bought early it is certainly the case. Those late to the game will have the rug pulled just like a memecoin. There are many people who really believe it will go to $1M and they will use it freely ( their ideal of sound money). What is really valuable is the blockchain tech, the coin is speculation. That is because governments and banks will have more control over the coin on top of the base layer.
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satvikpendem 500 days ago
I don't think either are actually valuable, I don't see any application of blockchain anywhere that's better than traditional computing. Bitcoin itself seems to be the only good application so far.
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