That's one of the places where we differ, because any time regulation comes into play, it adds additional layers of complexity and oversight, which then makes it harder to openly trade.
What catalyst can you envision?
I've been noticing that. Old money (Big money) isn't jumping at BTC and apparently neither are too many institutional traders.
By who, a better version of crypto or instead a government sponsored version of digital currency? I can't imagine any government, US or otherwise, not chomping at the bit to introduce digital currency for the purpose of continuing to grow their economy BUT most importantly, to have absolute oversight of ALL of its citizens.
"1"
the use of the term "crypto" is one of the reasons why "crypto" is such a scammy shitshow. "crypto" is an invalid categorization which implies shitcoins belong in the same category as bitcoin. to noobs this false framing leads to a completely fucked up and weird understanding of the entire phenomenon. noobs tend to think about different types of "crypto" as if they were different sports teams that compete in a league or as different stocks of various companies that compete for performance. this is utter and complete bullshit.
bitcoin is a protocol for exchanging value like the internet is a protocol for exchanging information. referring to the examples above bitcoin is not a single soccer team that happens to be leading momentarily. while shitcoins may be viewed as soccer teams of various kinds, bitcoin is the entire league, even better, bitcoin is soccer in general. the whole game in its entirety, with the complete history, all teams in all leagues worldwide. why would you try to pick a single team that may or may not become a winner when you could have a share of all soccer in general? shitcoins could be viewed as stocks of various different companies. bitcoin would not represent a single stock. bitcoin is the entire stock market. why trying to pick a single stock that may or may not perform well in the future when you could buy a share of all stock markets globally?
only bitcoin is a fair protocol that is not owned by any individual, company, state or other entity. it is owned by its users. ALL OTHER projects in the crypto space are owned by their inventors (mostly companies whose sole reason to exist is to make profit.) no other project is truly decentralized - only bitcoin is. bitcoin and shitcoins aren´t even remotly comparable. putting them in the same category labeled "crypto" is misleading and hides the fact that all those projects are scams.
