Never mind the fact that it's been able to be held in 401(k)'s for over a year now.
And while that sounds sort of nuts, consider that in the 70s, people looked at gold investors askance considering that given that it was no longer money and had very few industrial uses, it looked like quite an overvalued commodity.
That bubble hasn't burst yet. Maybe don't hold your breath too much.
My big concern is what happens when the original wallet structure can be broken by quantum computers. Modern wallets aren't vulnerable, but there's enough BTC floating around in lost wallets that the influx of liquidity could be quite an event, to say the least, when it hits markets.
There's Bitcoin ETF's whose approval is imminent.
Never mind the fact that it's been able to be held in 401(k)'s for over a year now.
And while that sounds sort of nuts, consider that in the 70s, people looked at gold investors askance considering that given that it was no longer money and had very few industrial uses, it looked like quite an overvalued commodity.
That bubble hasn't burst yet. Maybe don't hold your breath too much.
My big concern is what happens when the original wallet structure can be broken by quantum computers. Modern wallets aren't vulnerable, but there's enough BTC floating around in lost wallets that the influx of liquidity could be quite an event, to say the least, when it hits markets.