If 5 years ago you went into a furniture store and saw a chair for $200. but didn't buy it because you thought it wasn't worth it.
Why would you buy it now for $40,000. even if you thought the price could keep going higher.
That's bitcoin.
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Remember when I said bitcoin would be the biggest gainer? Can I take blockchain stocks too Alex for 500.
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Context is everything. It’s more like VR technology. It’s been around since the 90’s, but why didn’t as many people buy it? The technology just wasn’t there. Now it’s a big deal now that the technology has caught up.
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BTC is now finally getting acceptance by Financial Institutions and SEC, Bank of England. The current rise is purely supply and demand. The chair you didn’t buy at $40,000 will be 150,000 by Dec 2021.
If you saw a Ferrari that cost $18,000 in 1960 and and thought it wasn't worth it. Why would you buy it now for $48 million dollars. It's all down to supply and demand.
mashable.com/article/ferrar
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