Willy Woo Explains Bitcoin, Says We Live In A Bubble
Willy Woo just explained to his Twitter followers the fact that we might be living in a bubble these days. Check out what he had to say about crypto enthusiasts and people who want to hop into the crypto wagon. Take a lo...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Willy Woo just explained to his Twitter followers the fact that we might be living in a bubble these days. Check out what he had to say about crypto enthusiasts and people who want to hop into the crypto wagon.
Take a look at his post here:
We live in a bubble. If you venture outside of our world you will find this is exactly what normies think about Bitcoin because the media told them so, funded by the status quo power structures. https://t.co/yexUZEnBcL
— Willy Woo (@woonomic) February 10, 2022
Someone commented: “That’s the reason we are still early. Media is powerful and they know it. They control the opinion of the herd. But have told the same story abt #Bitcoin over and over again this past decade. Despite that #Bitcoin has grown exponentially. They can slow down, not stop adoption.”
One other follower hopped in the comments and said: “One of the smartest guys I know who is a finance director at a large company, is very sceptical on Bitcoin. Says it has no intrinsic value and is based on nothing. Tried talking him round but his opinion is set after reading a couple of articles. He thinks governments will ban it.”
The truth is that we are indeed the early adopters of a tech that’s great and new, and it’s all happening in a very challenging world today. It’s up to all of us to make an effort and speak about the platform that crypto and the blockchain are offering.
We can also try and teach others how to use it for the better, and the use cases that can help people should definitely be addressed more.
The mass adoption of crypto and the blockchain has been one of the most important goals out there that the crypto space set, and things are definitely going on the right path.
The post Willy Woo Explains Bitcoin, Says We Live In A Bubble first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
Bitcoin Magazine CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse Pro-crypto regulator Mike Selig has...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
Cardano’s Programmable Token Standard Goes Live With Built-In KYC and Freeze Controls
The Cardano Foundation announced on Wednesday at TOKEN2049 that CIP-0113, Cardano’s programmable token standard, is live on Cardan...
OKX Eyes 63 U.S. Stocks in Major Tokenized Trading Expansion
Key Takeaways: OKXICE informed the SEC about its plan to establish an online platform called “Tokenized Securities Venue” that wou...
XRP Price Eyes New Catalyst as Ripple Partners With South Korea’s Meritz
Ripple and South Korean brokerage Meritz Securities have signed a strategic partnership to assess Ripple Custody and Ripple’s toke...
Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases
Tom Lee said Bitmine will be “done stacking” once it owns 5% of ETH, setting an end date to an accumulation streak that began in m...