The Biggest Reveals From Bitcoin 2022

The Biggest Reveals From Bitcoin 2022

Share to Linkedin It was a great pleasure seeing everyone from HIVE Blockchain Technologies, which helped sponsor the conference. I want to acknowledge their hard work in making HIVE among the most efficient, most profitable Bitcoin and Ether miners. If there's one theme that ran throughout the entire four-day event, it's that we're still so early. I believe that buying Bitcoin today is like investing in internet stocks back in 1995. There's incredible upside potential, and for those who worry that Bitcoin is too expensive at $40, 000, just wait another five to 10 years. Ask yourself this: Do you think Bitcoin adoption and ownership is going to go up over time, or down? At the moment, ownership is still relatively limited. In the U. S., for instance, only one in five people holds Bitcoin. But as its use cases become more obvious, and more people join the network, this figure should increase. This is what's known as Metcalfe's law. Bitcoin's critics say it has no utility and it's wasteful. Warren Buffett calls it "rat poison squared." The same type of FUD, which stands for fear, uncertainty and doubt, was being spread about the internet in 1995. If you had