๐จ๐๐ก๐ข๐๐ก ๐๐ซ๐ฒ๐ฉ๐ญ๐จ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ฒ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ ๐ง๐ฎ๐ฆ๐๐๐ซ ๐จ๐ง๐ ๐ข๐ง 10 ๐ฒ๐๐๐ซ๐ฌ?๐จ
Everyone is now a crypto guru, and I do not think 90% of these people realize what is happening out in the real world.
I have been talking to crypto programmers, and blockchain experts, and its obvious that the rise we saw in 2017 was FOMO and retail investors moving in. There was nothing solid behind this move and hence the horrific bear market in 2018.
2019 is a bit different, as the rise we see here in bitcoin is more about fundamentals. Lots of new things are happening.
Fidelity
JP Morgan
Facebook crypto coin
E-Trade offering cryptos soon
To me, all the guys high up in the programming world are starting to see the light at end of the tunnel, and things are changing.
Too many people want to get rich over night in this space, but its not about the money, for me its about real use cases, and that is why think mass adoption is not here but its getting closer as I have talked about before.
Lets not forget about AT&T
AT and T bills you can now pay in BITCOIN.
This has been welcomed with open arms, the reason is because when you accept credit card payments you have charge back, merchant fees, and larger overhead. So this whole crypto thing is no longer a gimmick but its being widely adopted by multi-national companies out there.
Regulator are still trying to do their thing, and I feel crypto will get so much attention we will see lots of crypto regulation come in starting the end of this year or 2020.
I really think its a situation then, that regulation while in the short term might be bad in the long run people will work out regulation will keep the riff raff out and help people feel safer investing their hard earned money in this new asset class.
All in all I still feel that crypto has really just scratched the surface here in 2019 and each and every week we see more of the fundamentals shift and work in favor of the bitcoin bull.
