Tangleblog.com says "97% of people are in crypto not because of Bitcoin, but because of Dollar".
Here's my response!
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▶️ 3Speak
🧠 Are People Only in Bitcoin to Make More Dollars?
5 years ago by louisthomas (75)
$11.48
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125 votes
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- … and 105 more
Yes. Majority of them I will say
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I'm in crypto to make more bitcoin. At some point I hope the BTC will equate to a lot more than the fiat I put in. It's a long term hold for me either way though. I'm more concerned about missing out on what it could become in 10/15 years than achieving shorter term gains.
I researched crypto in 2014 but didn't buy in as couldn't find a fiat gateway that seemed legit. Needless to say I've regretted it ever since so don't want that feeling again!
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Monetary Sovereignty is the fundamental reason we should all have an allocation in bitcoin and other decentralized protocols!
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“It’s a store of value” — Jerome Powell, Chairman of the Federal Reserve talking to the Senate Banking Committee about Bitcoin
THE VIRUS IS SPREADING 🔥
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Bitcoin's governance is broken so unless something major happens, it can never be true peer to peer money as Satoshi envisioned. A store of value? You could argue that, but the volatility means that value rapidly decreases in bear markets, generally, normal people can't stomach or trade it properly, even if they try (they lose to the wall street banks).
I believe Steem is the best form of peer to peer money with proper governance built into the code at the beginning. Meaning we have direct democracy in a way through witness voting.
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Yes! its hell true that most of the people who know about #Bitcoin are in exchanges to multiply their money. But very few know about BTC real power to change world.
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No, The people who truly love crypto are here to make more Btc. after some no one would be interested to exchange their bitcoin for USD or any other fiat. The day is not so far away
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This true about how bitcoin is calculated by many crypto investors, they always compare with the dollar rate which is the most current dominated currency for most transactions. Thank you for your nice video shared with us on @threespeak!
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Yes . i buy for the potential for what it can be.
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This post earned a total payout of 47.336$ and 35.591$ worth of author reward which was liquified using @likwid. To learn more.
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