Bitcoin

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Is anyone here actually BTC positive? (lemmy.ca)

submitted 4 days ago by [email protected] to c/[email protected]

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I have been using crypto since 2017, made plenty of dumb trades which caused me to lose out a lot. Currently my portfolio is about 80% BTC and while the new USA admin seems they may do more damage than good to the crypto space I'm still positive about Bitcoin.

This sub seems like a meme or anti-btc sub mostly. Anybody here who isn't that way?

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[–] [email protected] 2 points 4 days ago

Bitcoin is a better gold than gold. It will be in central bank reserves and trade settlement currencies/mechanisms. In terms of price, gold going up is always bullish for Bitcoin, because there is a cap on gold price rise that is more gold mining, and because bitcoin is a better gold than gold, retail sales of gold for bitcoin.