Bitcoin Obituary Calls Are Always So Funny
| Saw this post and immediately recalled how it’s been in the past: • 2010: early critics said it couldn’t become real money - btc was worth about 0.11 • 2013: after the 1st major crash, they called it “finished” - within 4yrs, it crossed 19k • 2017: Jamie Dimon called bitcoin “a fraud.” • 2018: Warren Buffett called it “rat poison squared.” - traded below 10k, It didn’t disappear • 2022: after exchange collapses, people said crypto was over - it survived another cycle. Same pattern every time: Price falls → confidence drops → people write the ending People keep underestimating its ability to recover. From history, the next chapter will be even brighter than today’s headlines suggest [link] [comments] |