Quote:
Originally Posted by Wayne 962
Again, I think the world is changing, and I think these crypto concepts and decentralized finance concepts are good and will be utilized in the future. BUT - I think that Bitcoin and ETH and everything that is out there right now is version 1.0.0, and just like MySpace, they will be supplanted by version 2.0 (maybe Etherium 2.0) - which should theoretically use almost minuscule amounts of energy and also theoretically be more stable. Right now, it's the wild west, and this space appears to be dominated by speculators and drug dealers?
-Wayne
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Now you are on the right track. What I have been saying all along. This is here and not going going away. There will be huge winners and huge losers along with a lot chit in the middle. Still in the 1st inning. Using play money , but having a blast! Only disagreement I have is about the drug money. Not near the volume.
I do believe drug money is there though. They have a BTC machine at the quick sak I use. I ask the my buddy that runs it if many people buy from there, He stated once in a while a guy comes in and feeds it 100.00 dollar bills. Never thought about that, but makes sense. Anyway, gotta believe that is a small fraction of the dollars flowing in.