Bitcoin is not the future. The path to the metaverse is not being built on Bitcoin, that is what people need to understand.
Will it serve as a collateralized asset which we build an economic system upon? Perhaps.
Will there be a flippening? I think so. My projection is that Bitcoin will fall to about 10% of the total market cap. Still a large figure but nothing like now.
The innovation is happening outside of Bitcoin.
That is what will end up driving the show going forward.
Of course, that does not mean anyone should stop HODLing BTC. I firmly believe it can go to insane levels.
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I believe so too. I might not be a fan but I think it those have potential in the short-run (a decade or so). Technology is moving fast. The world is moving at the pace of technology not economics. We are building a system that has never been seen before. It is not going to be business as usual where only a fee can profit from it.
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In the transition, early leaders are to be expected.
Bitcoin is going to have value but it will not be due to its technology. In fact, the lack of technological advancement is what actually feeds more into the value. It is a very secure network which is vital.
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that is a valid argument. security is a huge price to pay for lack of innovation which at some point would be the determining factor in the progress of a network. most investors are adverse to change.
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Yeah but if you were going to move $50 million, what crypto network would you use other than Bitcoin?
It is the safest there is.
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lol there is ethereum and its excessive gas-fees
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