Cryptocurrency content creator and enthusiast
Whenever Bitcoin crashes all the “nay-sayers” rejoice and claim it’s dead. Whenever it jumps in price the “nay-sayers” get scared and then start prophesying Bitcoin’s impending doom. Every year something happens that makes Bitcoin skeptics say “see we told you so”. The mainstream news is filled with Bitcoin obituaries.
And yet Bitcoin is still here.
- Various governments have tried to shut it down.
- Various governments and governmental leaders have made public statements disparaging Bitcoin.
- Banks have made horrible public statements about Bitcoin and have often blocked people from purchasing Bitcoin.
- Countless investing “gods” like Warren Buffet have spoken out against it and some computer scientists predict that Quantum computing will ruin Bitcoin.
And yet Bitcoin is still here.
- Chase Bank rooted against Bitcoin and now they are making blockchain technology and have permission from the US government to be custodians of Bitcoin.
- The Chinese government always threatens to outlaw Bitcoin and yet China is the biggest Bitcoin miner in the world.
- Technologists have looked at Bitcoin with suspicion but now the greatest technologist in the world; Elon Musk accepts it as payment.
There will be another bear market and Bitcoin will temporarily drop in price at point many “thought leaders” will try to convince you to not buy Bitcoin or to sell it. Rest assured they are just trying to purchase your share; don’t sell Bitcoin just wait for the next bull market.