2024: Will Bitcoin reach $60,000?
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This is still stupid. I think this is right:
THE ECB BLOG
ETF approval for bitcoin – the naked emperor’s new clothes
22 February 2024
Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment.
@uair01 I think it shouldn’t have taken a hit, it wasn’t really less stupid 2 years ago. It isn’t really new information that this thing is stupid but still hard to predict.
Interesting critique, feel free to disagree: