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Ghost_vission
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Comments by "Ghost_vission" (@ghost_vission2468) on "Crypto expert reacts to Elon Musk's reversal on accepting bitcoin" video.
Only to a simpleton high price means good news. But it isn't always about how "high" or how "big" something is. In case of btc, it is overhyped and way over valued. It'll come crashing soon as world governments adopt blockchain technology and convert their currencies into digital. Btc is backed by nothing, its unregulated and highly speculative. Its a si king ship in the long run, only to be used by big whales to disguise and hide their money in another form, and a trap for the rest of followers and yuppies to buy into the hype. And once the whales decide to pull the plug and dive into the sunset with their plus all of your monies, btc will cease to exist.
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No. These crypto currently are not the future pre se. However, the blockchain technology is. Eventually all currencies will become digital and will be regulated. These bitcoins, dogecoins etc will be devalued when that happens.
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