Has Bitcoin really "crashed" recently? Came across the below which, to me, puts things into perspective.
Sometimes a picture really is worth a 1,000 Satoshis.
Deutsche Bank report argues that.. "...by 2030 we predict that Bitcoin will join gold in many central banks’ official reserve balance sheets”.
Also, Blackrocks IBIT ETF is on the cusp of US$100b in AUM and is the most profitable ETF in their entire stable. It was the fastest ETF ever to reach this milestone, and is around 50% larger than their Gold ETF.
Interesting.
A picture is worth a thousand words sometimes. At the time of posting, it was just over $125K USD for the first time.
It could well be below $75K tomorrow for all I know, but that said, key metrics are looking very positive for the longer-term trend to continue.
Did Melbourne Catchups Just Surpass Sydney?
@wtsimis and I sat down and did a 3 hour video discussing BTC: from the tech, the problems economically and how they relate to bitcoin and our individual strategies.
Proud to share it here and hope it provides some insight. We plan to catch-up more often and record bitcoin relevant topics
Video here: Bitcoin is Sound Money