Very good points.
However, the ex RBA Glen Stevans also advised against people buying into the propertly market. People keep investing and they keep making money.
The whole concept of crypto is it is decentralised and not controlled by anybody which people love.
If you want a centralised coin, check out Ripple. They sent billions recently for a couple of dollars. Unsurprisingly, they rose almost 85%. Thankfully I hold.
Some of the greatest minds in the world are backing Bitcoin and crypto. I find a lot of people against have a level of conflict of interest. Some people are neutral, such as Bill Gates (I read he predicted 1 mill a bit coin).
Anyway, like any asset, there is risk. However, where there is demand, there will be Bitcoin. That demand is increasing every day.
Very good points. However, the ex RBA Glen Stevans also advised...
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