Yeah, the space quieted down quite a bit, does feel like a little less insane a forum right about now, doesn't it? But funny how the regulators now spend away millions of dollars of OUR money to whistle blowers to protect stupid people like JohnB to protect them from harming themselves.
Bitcoin is up on the week. Much higher than March 2020. How is your unlimited supply paper money doing?
Some retired. Even the FED agrees that a digital currency might be the way to go, at least to test. And as someone mentioned, even the regulators want to protect users and whistleblowers... Go figure A BTC still cost 16k... It was about 15$ in 2011 When it gets to 0 (not 1k...) maybe this thread will have a reason to exist.
Between nov 19, 2020 and nov 19, 2022 (which is a 2 year period) BTC made a staggering return of -6.57% (today 16,645.68, in 2020 17,817.09). My unlimited supply paper money did much better and I never had a risk of a 75% drawdown. You took the bottom in 2020, so let's wait till we have the bottom from this wave down which is already -70%.
Smart contracts are good. And the underlying technology is good. Most people only see the space as buying and selling tokens which is the tip of a large iceberg
https://www.barrons.com/news/three-out-of-four-bitcoin-investors-have-lost-money-study-01668454507 Three Out Of Four Bitcoin Investors Have Lost Money: Study