Bitcoin’s intrinsic value stems from its fair and equitable monetary system with irreversible finality, setting it apart as a store of value and hedge against inflation.
The recent Bitcoin price drop from $80,000 to $86,000 is a healthy 25% bull retracement, not a crash, providing a liquidity event for institutional accumulation.
Institutions typically have a 12-month lag between starting to accumulate cryptocurrency positions and revealing them, with the current drawdown offering an accumulation opportunity.
Cryptocurrency market volatility correlates with inflation and will remain high until a deflationary period occurs, which is unlikely in a debt-based society.
Blockchain technology’s primary utility is removing man-hours from traditional processes, leading to cost savings and topline growth across industries like car titles and government documents.
NFTs are unique digital assets with serial numbers, distinguishing them from fungible cryptocurrencies, and will be used for issuing unique value beyond current vanity-driven use cases.
Meme coins can launch projects to a $75 billion market cap in 48 hours through Apple Pay payments, serving as an effective fundraising tool for various causes.
Stablecoins like Tether are fully dollar-backed and similar to bank accounts, with counterparty risk unless truly one-to-one dollar equivalent, and may face government regulation.
CBDCs are inevitable as governments seek to monitor and tax transactions, with stablecoins being the closest equivalent today.
Blockchain technology will experience growing pains and growth spurts similar to the internet, balancing convenience and opportunity with potential loss of freedom.
Practical cryptocurrency education involves using the technology, such as buying a miner to contribute to the network, which proves useful for online transactions in developing countries without modern banking systems.
