/biz/ - Business & Finance

>>30349567
> Yeah, see, the thing is I don't have faith in BTC's long-term viability so I'm not going to gamble on an obvious bubble.

"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.

Debunked.

> Pension funds and the like don't NEED crypto like the darknet NEEDS crypto, and they are certainly not going to invest in an obvious bubble.

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.

Debunked.

> I don't care, BTC is more likely to collapse due to shittier fundamentals.

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.
Yeah, awful indeed.

Debunked.

> Never happening.

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

Debunked.

NEXT!