/biz/ - Business & Finance

>>30349986
>"Muh obvious bubble". If it's all so obvious then according to that narrative you are market timer master and we will see you on Forbes.

Dunning-Krueger in full effect. The consensus by non-maxis is that Bitcoin is currently a speculative bubble since it doesn't offer much actual utility as a cryptoCURRENCY.

>In fact large funds and institutions will be MORE inclined to invest in asset when it has a certain high market capitalisation instead of it being low. So Bitcoin going higher will make institutions MORE inclined to invest not LESS, because they will see that there is enough liquidity to allocate billions to. There is a reason SpaceX and microstrategy are buying millions in billions in 2021 and not 2015.

Pure fantasy. Very few if any Wall Street investors actually believe in Bitcoin's long-term viability and are buying it only for the short-term gains. Pic related.

>Ok fundamentals:
>First mover.
>Organic distribution.
>Less bloat than others.
>Actual mainstream adoption.
>Can still be used for dark transaction purposes if you are not braindead.

>Getting replaced by Monero where fundamentals matter.

Guess the market is speaking.


>For what reason? You claim "this will never happen", but do not provide reasoning.

Technical limitations, you can never make a fundamentally transparent public ledger truly private.

>Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos

"In addition, he said the structure of Bitcoin simply doesn’t allow ring signatures and stealth addresses."

“I think what we’re going to see soon is Schnorr, Taproot, and Tapscript, which open the door to a lot of improvements,” Antonopoulos said, “But they still do not involve zero-knowledge proofs or the types of ring signatures and stealth addresses that are done in Monero. Bitcoin is not a privacy coin.”

https://cointelegraph.com/news/bitcoin-will-never-be-truly-private-says-andreas-antonopoulos

NEXT!