There are great reports and articles explaining the adoption and the future of blockchain technology (and following technologies and implementation), including by the ASX. It's worth taking some time reading them to understand their potential. As for "criminals" using cryptos, I would suggest telling that to Japan who formally adopted a law last year recognising Bitcoin as legal currency with over 260,000 stores and shops now accepting it for payment. I bet there will be some "criminals" in Brazil subscribing to TV2!It doesn't make it a bad investment.
Yes, DCC and OOK dropped by 10-15%. So did TV2 and many others. The IT sector in general had a couple of rough days. Shares will rise and fall and rise and fall. In 1924, a smart young man is said to have approached Mr. Rockefeller with the question, “Mr. Rockefeller, what do you think Standard Oil stocks will do?” After ponderous deliberation, the reply was, “Young man, I think they will fluctuate.” (Quoted from the Washington Post). Almost a century later nothing has changed.
We all invest in shares to make money, I don't think any of us is doing it for philanthropic reasons. We all do our research and invest in what we believe is, or will be, a good investment. Some of those who invested in DCC at 3c and sold at 40c made gains of over 1,300% and maybe that's why they can afford now to invest in TV2 and other promising shares.
I invest in TV2 for its own merits, not because it is better or worse than other shares. I certainly believe that it will fare well in the not so very distant future. I do hope we will all see gains of 1,300% and higher
Cheers!
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