timdaub pfp
timdaub
@timdaub.eth
Would you still recommend to friends to buy Bitcoin? I used to recommend it because it is simply "the biggest crypto currency," so what can possibly go too wrong? However, now with Microstrategy looking more and more like a ponzi I'm worried that once they blow up I might regret my endorsement
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misha 🪨
@mishaderidder.eth
currently only recommending Circles, only thing that can go wrong is that you forget to create them lol but yes surely not Bitcoin - and also you can’t really do anything with it besides HODLing. It’s not like Ethereum the world computer that can be a substrate for stuff we can’t even imagine - it will always have value regardless. it’s a tool, not money necessarily, but can be. If people lose faith in BTC it’s cooked, it’s only backed by resource hungry machines guessing numbers - especially now governments and trad institutions are getting deeply invested it could be a big bang. BTC will be remembered as this epic blockchain that started it all, like we look back at the steam engine that kicked of the industrial revolution. anyway don’t take my advice lol I don’t know anything about finance and with coins mostly I’m wrong ;) this is just how it looks and feels to me. (I read a lot of crypto news though.)
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