Author

Topic: 2021-02-13 Forbes - Bitcoin: It’s Not If, It’s Now Just A Matter Of When (Read 120 times)

legendary
Activity: 2926
Merit: 1440
@acquafredda. This is not about what they get or do not get. They might not even care if they get it or not get it, I reckon. They only publish news depending on what is the sentiment of the herd for any given time. They only want your clicks!
legendary
Activity: 1316
Merit: 1481
Forbes are sending out mixed signals.... before the whole Tesla and PayPal buy-in ..they were all Doom and Gloom and Bitcoin is going to collapse ...and now that the big boys are climbing in..they did a whole 180 degree ...and they are suddenly, "Bitcoin is going to Boom soon"  Roll Eyes

I guess it takes large corporations to open their eyes to the future of money? Well... we know "big" media always have an agenda... so the powers behind these platforms are obviously hyping Bitcoin for some reason now..(which is dangerous)  Roll Eyes

This is how the media works. It will always publish articles according to which mood will give them more clicks and views.

In any case, doom and gloom will be back when the bubble bursts. Also, I predict those people who larped for Saylor and Elon as heroes of bitcoin will be very disappointed.
You see, bbc.reporter, sometimes we agree too!
All the MSM were completely unprepared for such a parabolic bitcoin bull run and I genuinely believe they cannot get it because they never spent some time understanding the very own bitcoin characteristics. Therefore, what do we really expect from these guys?
sr. member
Activity: 2506
Merit: 368
Seems like the bubble that was created to keep people away from crypto was popped and it's clear we have no resistance whatsoever judging from all these positive headlines about bitcoin,not forgetting the different players of various industries are all signing up,which is a win win for bitcoin and the crypto ecosystem.
I guess this is how they see how crucial is cryptocurrency over fiat when the economy is on the verge of collapsing with what is actually happening with the value of USD plus getting more lockdowns due to covid-19. Large institutional investors are most likely creating/joining the bandwagon to pump up the Bitcoin price day by day.

It's really just a matter of time when will this bubble will going to burst because looking at the price at it right now seems too high from the $10k we are seeing last year. Everyone is kind of scared/nervous when that price is going to stop but speculators are expecting more from Bitcoin that would look like the same pattern as the last bull run in 2017.
legendary
Activity: 2926
Merit: 1440
Forbes are sending out mixed signals.... before the whole Tesla and PayPal buy-in ..they were all Doom and Gloom and Bitcoin is going to collapse ...and now that the big boys are climbing in..they did a whole 180 degree ...and they are suddenly, "Bitcoin is going to Boom soon"  Roll Eyes

I guess it takes large corporations to open their eyes to the future of money? Well... we know "big" media always have an agenda... so the powers behind these platforms are obviously hyping Bitcoin for some reason now..(which is dangerous)  Roll Eyes

This is how the media works. It will always publish articles according to which mood will give them more clicks and views.

In any case, doom and gloom will be back when the bubble bursts. Also, I predict those people who larped for Saylor and Elon as heroes of bitcoin will be very disappointed.
member
Activity: 891
Merit: 43
Random coins :)
Seems like the bubble that was created to keep people away from crypto was popped and it's clear we have no resistance whatsoever judging from all these positive headlines about bitcoin,not forgetting the different players of various industries are all signing up,which is a win win for bitcoin and the crypto ecosystem.


legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
Forbes are sending out mixed signals.... before the whole Tesla and PayPal buy-in ..they were all Doom and Gloom and Bitcoin is going to collapse ...and now that the big boys are climbing in..they did a whole 180 degree ...and they are suddenly, "Bitcoin is going to Boom soon"  Roll Eyes

I guess it takes large corporations to open their eyes to the future of money? Well... we know "big" media always have an agenda... so the powers behind these platforms are obviously hyping Bitcoin for some reason now..(which is dangerous)  Roll Eyes
hero member
Activity: 2548
Merit: 533
Jack Dorsey and Jay-Z announced the creation of a 500-bitcoin fund worth around $23. 6 million, in order to finance the development of a bitcoin-based economy in Africa and India

This is something that caught my eye in the article. I don't know if Dorsey and Jay-Z knows the ongoing legal battle here in India or not for the crypto industry but clearly for me this is something they won't do for India if they don't have a proper knowledge if they can establish a "bitcoin-based" economy in this country. If this is some kind of confirmation that Bitcoin or cryptocurrencies are still good and legal in India then it is good news. The best thing to hope for is the ones who opposed cryptocurrencies being legal in India realizes the opportunity they will be losing if they continue to close their minds on a crypto industry in their country.
Its a matter of recognition and acceptance because they would really be missing out those opportunities if they would really be still strict out towards cryptocurrencies.
Several positive news about adoption is really a good sign that we are really heading into that global adoption and awareness.This would create a domino effect
yet its been started with Elon/Tesla and next with Mastercard and those similar events that shows off on Bitcoins relevance.
We are really heading for that main target or aim.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
A great headline for an article and probably sounds a little more than just a headline. I think this is a recognition and therefore this news is very important. It was no coincidence that Rocket Man came out and cheered the market. He made everyone else speak out on this matter. Either they agreed and then they should buy too, or they are against and then they should have arguments. And against the backdrop of a growing market by leaps and bounds, it is difficult to find arguments in favor of not participating in this.
hero member
Activity: 1806
Merit: 671
Jack Dorsey and Jay-Z announced the creation of a 500-bitcoin fund worth around $23. 6 million, in order to finance the development of a bitcoin-based economy in Africa and India

This is something that caught my eye in the article. I don't know if Dorsey and Jay-Z knows the ongoing legal battle here in India or not for the crypto industry but clearly for me this is something they won't do for India if they don't have a proper knowledge if they can establish a "bitcoin-based" economy in this country. If this is some kind of confirmation that Bitcoin or cryptocurrencies are still good and legal in India then it is good news. The best thing to hope for is the ones who opposed cryptocurrencies being legal in India realizes the opportunity they will be losing if they continue to close their minds on a crypto industry in their country.
legendary
Activity: 1316
Merit: 1481
You nailed it, in fact. We would need more thought provoking articles like this one and the media should avoid those price-related as they are good only for clickbaiting.
We need informed people that can understand for themselves what bitcoin is about and what it stands for.
There are enough OK Corral's speculators already if you ask me and we do not need more of them.
 Wink
legendary
Activity: 2254
Merit: 1256
Interesting article, very positive by the author.

As more and more people get involved, the ecosystem becomes bigger and stronger and will be viewed
as more viable by people who were previously skeptical

Quote
The fact that more and more relevant players believe in the future of bitcoin is simply a way of reinforcing the self-fulfilling prophecy that has been established around cryptocurrencies and the advantages offered by the use of an economic system which is not controlled by a specific entity, and instead by exclusively mathematical criteria and without any party being able to exercise speculative power. In practice, it is becoming increasingly clear: it is not if, but when.
legendary
Activity: 1316
Merit: 1481
Quote
Elon Musk’s proverbial ability to kick the hornet’s nest at the right moments is once again evident in the wake of the recent news that Tesla has bought $1.5 billion in bitcoin: since then, the value of bitcoin has appreciated to almost $50,000, Mastercard has announced that it will enable the use of cryptocurrencies on its network (this would seem for the moment to be a statement of intent, saying it will do so when cryptocurrencies are “stable”, which would point for the moment only to stablecoins), while yesterday, Jack Dorsey and Jay-Z announced the creation of a 500-bitcoin fund worth around $23. 6 million, in order to finance the development of a bitcoin-based economy in Africa and India, and with the mission of making bitcoin the currency of the internet. In short, a normalization of the use of bitcoin that aims to anticipate the development of its future as the basis of an economy based on decentralized and independent digital money.

https://www.forbes.com/sites/enriquedans/2021/02/13/bitcoin-its-not-if-its-now-just-a-matter-of-when/

Interesting take, I will not make any comment on this article but I will leave it to the readers. The headline is very evoking: it is not anymore about IF bitcoin will take a lead in the financial system, but WHEN this will happen for good.

Jump to: