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To The Bitcoin Skeptics, Are You Sure You Figured It Out?

BitcoinActuary is an actuary based mostly within the U.Ok. exploring Bitcoin.

This is an article on your nocoiner buddies, searching for to view bitcoin from a barely completely different angle.

Bitcoin is nonetheless round $30,000 and you haven’t any thought why. All you possibly can nonetheless see is a melee of “crypto” Ponzi schemes that can crash to zero any day now. Bitcoin is simply one other certainly one of them, if something, outdated by different cryptocurrencies with extra utility and newer tech.

Hence you would possibly effectively ask, “How on Earth is bitcoin still some 50% higher than its previous all-time high prior to late 2020?!” Let’s dive into one slightly different angle by which to look at it.


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