It is getting clearer day by day how we should perceive crypto. This morning As usual I checked the market and I see green across the board. I know it is something good. The fear somehow got dissipated among all players. So far nobody knows the real direction of the market. It seems the course for this year will follow how inflation changes the habit of mankind.
I should say inflation has been a problem for many in the world but this time USA and many of the Western countries are tasting it heads on. Inflation does not bother folks much cause they are the one fueling it with buying nonstop. Even I have no choice but to fill my truck with expensive gas. Otherwise no work for me. Hopefully I will get a break during tax season.
I find it compelling to make sense for two mining companies. Since BTC is not pulling its weigh as it should, they contemplate to sell shares instead of touching their pile of BTC. Since they are a public company they can afford to do so. They have zero plan of selling zero BTC. I guess they see value where value is due.
I can’t imagine why some folks think holding dollar make sense. These mining companies want to have BTC on their portfolio knowing sooner or later it will go up.
This is always the case with crypto. It always gos up the minute you lose your focus and FOMO steps in.
Be cool and hold long term tends to rime gracefully how inflation is weathering the whole market.
Hut 8 and Marathon Holdings know better cause their stocks have a lot to do with their BTC holdings. This is the way, the crypto way.
Who could believe that in 2022?
Even Warren Buffet got exposed to crypto indirectly.
Before you know it crypto will take over the world. It is a good thing and a blessing in disguise as long decentralization primes.
While some countries want to ban crypto, some allow crypto to get involved in all part of the markets. This last big event we called SuperBowl crypto took center stage and we can see where it is heading.
The good news in all of this crypto can become whatever you want it to be.
Asset, currency, you name it crypto stands to not only grow but change humanity for the best.
Before you know it most governments will embrace crypto cause it will be a lot easier to track and earn more taxes in the long run.
They are smart enough to regulate everything centralized and act like it is on our best interest
Crypto is not only on your face crypto is where it should be as long you hold and bring value to what matters to you.
After all crypto is moving forward.
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Everyone will be trying to escape inflation by getting into crypto I rekon. I know one of my plays is buying into UST the USD stable coin. I don't have much but slowly building.
It's going to be a rough year.
This year is like a passage to something big.
It could be slow moving but when time is right stablecoins will take over for most of the liquidity we need and this is where regulation steps in for everyone unless you do everything through DEX and finds way to convert and use case through decentralization.
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BEER.Some football teams now wear jerseys with cryptocurrency adverts. This crypto thing is here to stay. I just pity the poor guys that are still doubting it. The rich folks can jump in any minutes and make shit tonnes of money.
Like we need 5% to see something the rich jumps in and 1% they are way ahead.
Best case scenario is slow buildup till you make it.
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Yeah, you're right. And many people needs a breakout from the jail of the controlled centralized system. Someone said how can I trust something I can't reach a customer service for help. Then I realised the limitations in his mind.
I don't think the stock companies can just sell shares to pay for things and not sell any BTC. After all they are bound legally to report their earnings and at some point, the money raised will run out. The stockholders (most of them traditional) will definitely sue the mining companies if they did so.
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Agreed. Inflation is a flame consuming the currencies of the world. The rich will flee to assets and allocate some of their wealth to only the safe bets in crypto as they are very cautious and risk adverse. It remains to be seen in large numbers but it looks like Bitcoin SBD Ethereum are the first two choices, but the increased exposure should lift the prices of all altcoins. A rising tide raises all ships.
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