2021

‘Bitcoin – You’re Buying Obsolescence’ – SeekingAlpha | $54,734.94

By Uri Shalev

Last Updated: Nov 18, 2024

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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bitcoin obituary
Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Cryptocurrency is here to stay, but Bitcoin and its clones will be obsolete, probably within this decade. Once the fall starts, it will come hard and fast…

…This piece is to explain why you shouldn’t invest in Bitcoin, et. al. and why you should run like the dickens away from this much-hyped internet artifice…

…Cryptocurrency, and particularly CBDC, are a financial innovation that will inevitably be adopted. The only matter at issue is the timing of the wide adoption. There are simply too many benefits for governments both in the USA and among most of the G20 to adopt CBDC. The rise of CBDC will destroy the value of private cryptocurrencies, which are already highly vulnerable as a means of exchange and a store of value.

Eulogy made by J.G. Collins

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Uri Shalev
Uri Shalev
Crypto Writer

Uri Shalev studied Psychology at the University of Haifa. With a keen interest in cryptocurrency and disruptive tech, Uri has a breadth of experience in digital marketing and SEO. Read More

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