04-09-2022, 01:54 PM
Is crypto really a bubble?
<!-- SC_OFF --><div class="md"><p>I was one of the firm believers of crypto since the start, back when everyone thought it was a scam that would be dead by next week. And the next week came, then the next week, then the next week, and it still stuck. Could it really be here to stay? </p> <p>Up to now, crypto has done a good job for investors, and that’s undeniable. Many investors love crypto, and for good reason. It’s volatile, fast, open 24/7, pretty much everything an investor needs. Open field to start playing. But there have been attempts to make it actually usable and transcend that role, to relative success. </p> <p>Utility for crypto is myriad, yet rare. Cryptocurrency has so much utility, especially now that there’s a coin for literally every task you could think of. Want to preserve your data? MDT, want e-commerce? Exeno. Want NFTs? Sol. </p> <p>Yet, despite all of this, these utilities have only been rarely used, so far. Yes, I understand that this is still rowing now as we speak. But it still relatively used only for trading and leveraging, I think that usage in according to all those promoted utilities will make it some really publicity with the people. </p> <p>Let’s not forget that mass adoption is within grasp. Look at places like El Salvador, or Ukraine accepting donations in crypto, or Russia asking to sell gas for BTC. It’s real out there. </p> <p>Is crypto a bubble? I think it’s still too soon to say. But I’m hopeful.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Safe-Buy-9190"> /u/Safe-Buy-9190 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tzpjwb/is_crypto_really_a_bubble/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tzpjwb/is_crypto_really_a_bubble/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I was one of the firm believers of crypto since the start, back when everyone thought it was a scam that would be dead by next week. And the next week came, then the next week, then the next week, and it still stuck. Could it really be here to stay? </p> <p>Up to now, crypto has done a good job for investors, and that’s undeniable. Many investors love crypto, and for good reason. It’s volatile, fast, open 24/7, pretty much everything an investor needs. Open field to start playing. But there have been attempts to make it actually usable and transcend that role, to relative success. </p> <p>Utility for crypto is myriad, yet rare. Cryptocurrency has so much utility, especially now that there’s a coin for literally every task you could think of. Want to preserve your data? MDT, want e-commerce? Exeno. Want NFTs? Sol. </p> <p>Yet, despite all of this, these utilities have only been rarely used, so far. Yes, I understand that this is still rowing now as we speak. But it still relatively used only for trading and leveraging, I think that usage in according to all those promoted utilities will make it some really publicity with the people. </p> <p>Let’s not forget that mass adoption is within grasp. Look at places like El Salvador, or Ukraine accepting donations in crypto, or Russia asking to sell gas for BTC. It’s real out there. </p> <p>Is crypto a bubble? I think it’s still too soon to say. But I’m hopeful.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Safe-Buy-9190"> /u/Safe-Buy-9190 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tzpjwb/is_crypto_really_a_bubble/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tzpjwb/is_crypto_really_a_bubble/">[comments]</a></span>Kind Regards R