Imagine starting to hoard gold in an enormous,secret,underground vault in Egypt,100 years before its value was recognised and demand for jewellery and statues began.
Your family would be holidaying with the Rothschilds today.
Tom lee says 500k for bitcoin....tulip mania is just beautiful, isn't it??
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Imagine starting to hoard gold in an enormous,secret,underground vault in Egypt,100 years before its value was recognised and demand for jewellery and statues began.
Your family would be holidaying with the Rothschilds today.
For better or worse, bitcoin is now a part of the US stock market through 11 ETF's
I encourage everyone who has an opinion that bitcoin is worthless or has the same value as a Tulip to short any of the bitcoin spot etf, probably should look into the gbtc one
Soon, they will have options for more fun. Good luck
I encourage everyone who has an opinion that bitcoin is worthless or has the same value as a Tulip to short any of the bitcoin spot etf, probably should look into the gbtc one
Soon, they will have options for more fun. Good luck
Larry and I are on the same page
:NEWS
BLACKROCK CEO LARRY FINK SAYS BITCOIN "IS AN ASSET CLASS THAT PROTECTS YOU"
The worlds largest asset manager CEO says Bitcoin is no different that what gold represented for thousands of years.
In a notable statement, BlackRock CEO Larry Fink has expressed a positive perspective on Bitcoin during an interview today with CNBC, affirming that it "is an asset that protects you."
"I believe it goes up if the world is frightened, if the people have fearful geopolitical risks, they're fearful of their own risks," said Fink. "It's no different than what gold represented over thousands of years. It is an asset class that protects you."
Fink's recognition of Bitcoin as a protective asset suggests helps shift the narrative surrounding the digital currency, emphasizing its role as a safeguard amid economic uncertainties. This endorsement from the head of the world's largest asset management firm is a significant milestone for Bitcoin's acceptance within mainstream financial circles.
"Unlike gold where we manufacture new gold, we're almost at the ceiling of the amount of Bitcoin that can be created," Fink continued. "What we're trying to do is offer an instrument that can store wealth."
And this is your definition of a store of value standing the test of time?
To be fair, the Dutch had their stock exchange already in 1602.
Futures (forwards) contracts for Tulips began to implode on February 1637 (just a few years after the bubble started).
Commodity regulators re-wrote some of the (existing) contracts to convert them from futures into options, thus giving the buyer of contracts a way out to walk away without having to be obligated.
Larry and I are on the same page
NEWS
BLACKROCK CEO LARRY FINK SAYS BITCOIN "IS AN ASSET CLASS THAT PROTECTS YOU"
I heard Blackrock has a good marketing department, but they messed up the color scheme on their chart, it's green green green red, green green green, red, green
Saw this video today and thought of this thread:
