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To All My HODLers, Stay Patient and Remember the 3 Forces Elevating Bitcoin
Hey all, just a PSA to remind everyone that during these volatile times and with Bitcoin trading sideways for what seems like forever, just remember that there are 3 powerful forces that are pushing Bitcoin to higher values in the long term: 1) Adoption 2) Utility 3) Inflation There's no denying that institutional adoption is starting to accelerate among governments, corporations, and ETFs. Utility among 3rd world and developing nations with broken or unstable currencies has been growing rapidly and is slowly becoming the norm. And of course, inflation continues to run rampant everywhere in the world. It's going up forever. submitted by /u/KryptoSC [link] [comments]
Hey all, just a PSA to remind everyone that during these volatile times and with Bitcoin trading sideways for what seems like forever, just remember that there are 3 powerful forces that are pushing Bitcoin to higher values in the long term:
1) Adoption
2) Utility
3) Inflation
There's no denying that institutional adoption is starting to accelerate among governments, corporations, and ETFs. Utility among 3rd world and developing nations with broken or unstable currencies has been growing rapidly and is slowly becoming the norm. And of course, inflation continues to run rampant everywhere in the world. It's going up forever.
[link] [comments]
