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My view on crypto was a lot simpler.
Future uses and value of any given cryptocurrency is completely unknown. (I.e., even if crypto some day becomes widely used, it may (and likely imo) be in none of the currently existing forms).
I never bought it until right after PayPal announced that it could be bought and sold through them.
That opened it up to hundreds of millions of buyers who previously had no real ability to do so, or interest (they weren’t interested in buying through some complicated platform they’d never heard of).
It was trading at around $17k at that time.
It was a no brainer to me that it was going to go up from there.
I’m out of it now. I don’t see myself jumping back in. IMO it’s only real value is as a pure gamble - if the masses believe it will go up they will buy, and Vice versa.
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