Bitcoin is Going Mainstream and There's Something You Can Do About it
Bitcoin is going mainstream and while there is usually nothing you can do about things going mainstream, there are some vital opportunities just waiting for you in the crypto industry.
This industry is filled with constant controversy and it's a rollercoaster to be a part of it. At times, we have the support of top investors/thought leaders in the world.
At other times, everyone is calling it a scam.
At times, the price of BTC soars 20% overnight.
At other times, the price of BTC tanks 50% overnight.
pssst have you seen @leofinance's proposal to double the userbase of Hive? It's time to get ready for the Bitcoin floodgates to open up by positioning Hive to benefit massively from new users. It's officially live and waiting for you to vote and support it getting funded! The proposal outlines our strategy to grow the Hive blockchain by 9,615+ monthly active users using our LeoInfra Lite Account protocol and bring the masses to Hive. We need just 5.7M more HIVE POWER to vote it and reach our goal of 30M backing our proposal. Check it out here -> https://peakd.com/me/proposals/269
This industry is not made for the faint of heart. It takes guts and courage to be a regular part of this industry and I can say that after 8 years of being here, it's taken a toll on me as well as built me into who I am today. I am extremely grateful for the industry.
Bitcoin is Going Mainstream and There's Something You Can Do About it
In a recent episode of Futurama BTC was mentioned. They also funnily talked about how much of a whipsaw it is to be in this industry.
The character comes in the room and talks about how he invested all their money into Bitcoin and that its now down and they are in deep trouble.
Seconds later, he turns to see news anchors announcing that the price of Bitcoin is up and there is a digital gold rush happening. He now believes that there is hope in sight!
This comedic take is something that we all have lived and experienced. We've all seen the price of BTC go up, down and sideways and take us on the ultimate roller coaster of emotions.
This rollercoaster is hard to endure but it provides us the ultimate opportunity to build wealth and invest in the future. If it was easy, then the market would be fully saturated and the opportunities would already be gone.
FED Announces new Oversight Program for Bitcoin and Crypto-Related Activities
The FED just announced new oversight protocols for BTC and crypto-related activities. On this news, Bitcoin immediately went up about $1k from $29k to $30k. Right now we are at about $29,7 as the dust has settled a bit.
What does this mean for the industry?
Well, a lot of speculation is saying that things are heating up for the Blackrock BTC ETF to get approved.
Why is that? Well oversight programs is a lot different than banning BTC or disgracing it. No, they are looking for control.
What else aligns with control? Having an ETF where they can full regulate and track who is buying the BTC ETF, how much they hold and where the funds are sourced from and going to.
This in addition to Paypal's announcement of their PYUSD stablecoin. Blackrock is the #2 holder of Paypal stock.
Hmmm.... the pieces seem to be getting clearer. Control is happening and the mainstream TradFi players are digging their trenches and preparing to gain as much market share as they can.
There is Something You Can Do About It
While most of the time when things go mainstream, it was too late to invest or do anything about it, I think Bitcoin is still a massive opportunity.
This whole industry is a massive opportunity. Yes, TradFi players have announced their intentions and I think it's quite clear that they are coming to this space but they are not here yet.
They are on the verge of getting here and if you are reading this post on August 9th, 2023 - they have not yet fully arrived. When they do arrive, I believe there will be an extreme explosion of institutional adoption of BTC and many other cryptos.
I think billions of dollars in capital is about to flow into crypto as the BTC ETF becomes the floodgate.
So how do you play it? How do you do something about it?
That's up to you. For me, I'm buying BTC, HIVE, LEO, RUNE and anything else that I believe will benefit from the floodgates.
pssst have you seen @leofinance's proposal to double the userbase of Hive? It's officially live and waiting for you to vote and support it getting funded! The proposal outlines our strategy to grow the Hive blockchain by 9,615+ monthly active users using our LeoInfra Lite Account protocol and bring the masses to Hive.
- Vote the Proposal on PeakD ▶️ https://peakd.com/me/proposals/269
- Vote the Proposal on Ecency ▶️ https://ecency.com/me/proposals/269
- Vote the Proposal on Hivesigner ▶️ https://hivesigner.com/sign/update-proposal-votes?proposal_ids=%5B269%5D&approve=true
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You’ve said it all. It’s all about control and the internet where many trust for everything without thinking enough to connect the dots is the mechanism these corporations use to divide us and cotton us effortlessly.
I think anyone securing his future in the four tokens above won’t be among the general public who are still lurching behind the train and having second thoughts about the future of bitcoin.
We are going mainstream and nothing can be done so it’s best to set sail now and join the revolution before the big players take the whole share of the pie leaving-crumbles for the average investors
True...
As far as BTC is concerned, I am beginning to see the the bull market in place. It is now convincingly crystal clear.
Another good time to begin Holding
Voted. Good luck!
!PGM
!PIZZA
!CTP