r/Bitcoin

Since Bitcoin was 1¢ in 2010, it has gone up by a factor of 10 over 6 times. The next 10x gets us knocking on the door of gold’s current market cap. Bitcoin is not “risky” or “early” or “unproven”. It is an unstoppable freight train that will eat all imperfect stores of value, far beyond gold.

Since Bitcoin was 1¢ in 2010, it has gone up by a factor of 10 over 6 times. The next 10x gets us knocking on the door of gold’s current market cap. Bitcoin is not “risky” or “early” or “unproven”. It is an unstoppable freight train that will eat all imperfect stores of value, far beyond gold.

submitted by /u/sunkist5 [link] [comments]

Continue Reading Since Bitcoin was 1¢ in 2010, it has gone up by a factor of 10 over 6 times. The next 10x gets us knocking on the door of gold’s current market cap. Bitcoin is not “risky” or “early” or “unproven”. It is an unstoppable freight train that will eat all imperfect stores of value, far beyond gold.
“If I were a regulator, I would be hyperventilating at the success of [Bitcoin] at the moment and be arming myself to deal with it” – Lloyd Blankfein, former Goldman Sachs CEO

“If I were a regulator, I would be hyperventilating at the success of [Bitcoin] at the moment and be arming myself to deal with it” – Lloyd Blankfein, former Goldman Sachs CEO

submitted by /u/BashCo [link] [comments]

Continue Reading “If I were a regulator, I would be hyperventilating at the success of [Bitcoin] at the moment and be arming myself to deal with it” – Lloyd Blankfein, former Goldman Sachs CEO