Crypto Crash Survivors Could Become Tomorrow’s Amazons, Bank of England Says

Amazon & Audible took off like a rocket after the dot-com crash. Those who sold out their shares screwed their children and grandkids out of generational wealth. There should be a lesson learned there.
amazon's fundamentals went up and up and up...key markers to a growing/thriving company continued to increase despite the loss in value. How does crypto compare?

It is an apples to oranges deal comparing amazon to any crypto. yes there may be so serious winners out of this dumpster fire. but what method do you use to evaluate it?
 
I agree that the technology isn't going away. But who will survive? The technology is changing so fast that it's hard to believe that something that isn't changing (like bitcoin) will survive.

Amazon & Ebay are mentioned. No one seems to remember the media darlings that didn't recover because they didn't change with the times.

Here in the frozen north we had Nortel & Research in Motion that later became Blackberry. Both high flyers and media darlings. All the way down the talking heads were telling us what a bargain.

I'm sure some type of digital currency will become available to the masses that will be accepted worldwide. I wouldn't count on it being one of the ones we know now.
 
It's nice of you, Jack, but I got no funds on the Voyager app, I signed up for it but preferred a desktop (web) app so I stuck with BlockFi

I do have a friend who's been using the Voyager app for over a year, I think he withdrew everything a couple of weeks ago


Funny everyone always sells the high and escapes the chap 13
 
A crypto miner. Back to being a fetus "We mine nothing to sell to those who wish to purchase nothing, in the hopes of becoming fabulously rich" - A good Business Model
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Well... Andre says the stock-to-flow model is broken at the moment... :sneaky:


i watched this goofball. He's a clown . No , a jagoff.

Grandma cant buy BTC in her IRA ? Wow, totally wrong, totally nonsensical. Another youtube ready clown with a fast mouth and 1000 cuts in the video to make it interesting to the pinheads.

Did i miss anything ?
 
TLTR of the above link:

What’s more confusing to some taxpayers is that a tax bill can be triggered simply by purchasing an NFT, since the purchase is made with cryptocurrency that may have appreciated since it was bought.
“If you buy Ethereum for $1 and it goes to $10 and you then use it to buy an NFT, you have a $9 gain—people don’t realize that,” says Jere Doyle, senior vice president at BNY Mellon Wealth Management in Boston.
 
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