/biz/ - Business & Finance

>>24876930
metal boomers are getting cuckholded by bitcoin+ the mainstream media coverage today

>>24867809
Starting today an increasing number of normies are going to be exposed to stories like pic related, but unlike 2017 their FOMO money won't be as responsible for moving the price up as institutional money. Most of the news articles out today are respectful in tone and describing how this bull run is different from 2017 in a good way. Unlike bobos on biz they don't want to look fucking stupid FUDing bitcoin.

>In the Dutch town of Venray, Didi Taihuttu decided to make his first big gamble on bitcoin. In early 2017, the father of three searched every corner of his five-bedroom house, gathering the family’s supply of gold jewelry and trinkets. Taihuttu had a hunch that it was time to swap their stockpile of gold for bitcoin.

>Three years later, and that bet has paid off big time for Taihuttu. Bitcoin broke above $20,000 for the first time ever on Wednesday. His investment is now nearly three times bigger today than it would have been had he kept his nest egg of gold. “Central banks and governments are slowly starting to understand that bitcoin is the 21st century gold,” said Taihuttu.

>Amid economic and geopolitical tumult, more investors are looking to bitcoin as a safe haven play. “Especially over the last few weeks, it’s clear that bitcoin has stolen gold’s thunder,” said Mati Greenspan, portfolio manager and founder of Quantum Economics.Strategists at JPMorgan say the price of gold will suffer as institutional investors continue to buy into bitcoin.

>>24867471
Starting today an increasing number of normies are going to be exposed to stories like pic related.

>In the Dutch town of Venray, Didi Taihuttu decided to make his first big gamble on bitcoin. In early 2017, the father of three searched every corner of his five-bedroom house, gathering the family’s supply of gold jewelry and trinkets. Taihuttu had a hunch that it was time to swap their stockpile of gold for bitcoin.

>Three years later, and that bet has paid off big time for Taihuttu. Bitcoin broke above $20,000 for the first time ever on Wednesday. His investment is now nearly three times bigger today than it would have been had he kept his nest egg of gold. “Central banks and governments are slowly starting to understand that bitcoin is the 21st century gold,” said Taihuttu.

>Amid economic and geopolitical tumult, more investors are looking to bitcoin as a safe haven play. “Especially over the last few weeks, it’s clear that bitcoin has stolen gold’s thunder,” said Mati Greenspan, portfolio manager and founder of Quantum Economics.Strategists at JPMorgan say the price of gold will suffer as institutional investors continue to buy into bitcoin.