Comments: "BITCOIN: All that glitters is not gold."

Comments: "BITCOIN: All that glitters is not gold."

Tom Bradshaw critiques Bitcoin as an unreliable "safe-haven" asset, highlighting its extreme volatility, repeated major crashes, and vulnerability during economic downturns, warning investors to reconsider their faith in its stability.

Link to the post of Tom Bradshaw: https://www.dhirubhai.net/posts/tom-bradshaw-msc-b45305b3_bitcoin-crypto-marketcrash-activity-7282077723273875457-lKzl/?utm_source=share&utm_medium=member_desktop


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???Misunderstanding Bitcoin's Purpose: Critics argue the post overlooks Bitcoin's ultimate purpose as a decentralized replacement for the fiat system, highlighting its unique strengths like transparency, divisibility, and scarcity.

???Long-Term Perspective Matters: Supporters emphasize Bitcoin’s strong historical performance as the best-performing asset in 11 of 14 years, advocating for long-term investment despite volatility.

???Skepticism Toward Analysis: Some suggest the chart's theory lacks substance and predict that Bitcoin’s growth, driven by global adoption and blockchain integration, will disprove these concerns by 2025.


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By evAI

Kim Huatt Ng

Executive Director at Blumont Group Ltd

1 个月

When internet cables are cut ....BTC & ETH dies

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