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Darin 1y ago

Even though I see #Bitcoin as the perfect currency, I’ve come to the conclusion that the world does not. (Breaking news, right? 😆)

My heart is all in on #BTC .

But I need to be pragmatic.

The banking systems are more likely to adopt Ripple (at least in some other countries anyway).

So why be a purest and exclude myself from opportunity?.(Which has described me in the past.)

It doesn’t make sense to miss out on XRP gains just because I’m a bigger #btc fan.

Don’t hate me because I’m practical. I’m just trying to survive and support my family.

What do you all think about this. Do your convictions prevent you from divesting?

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TechNomad 1y ago

The fudge you talkin bout Willis? Nobody wants that xrp centralized nonsense. There's no gains to miss. It's worthless and it's going to zero against Bitcoin just like everything else. Friggin XRP centralized nonsense defeats the whole point that made BTC valuable in the first place. It solves nothing and works exactly like the legacy system. That's why no one will remember it.

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Darin 1y ago

I agree with you that BTC is absolutely the best. No argument from me. But you are only looking at the technology.

Consider the human factor. Power corrupts.

You know as well as I do that money changes hands in back room deals at every opportunity.

The folks who decide what will be used to replace the SWIFT system are not as pure as the wind-driven snow.

They don’t want Bitcoin to be used because it is auditable. Bitcoin will NOT be adopted as a US currency or any major country.

The BEST products do not always go to market. The BEST athletes to not always get drafted. The BEST employees do not always get promoted. The smartest scientists do not always get recognized.

Most of the time, money, power and politics shape the economic and financial landscape.

Bitcoin will be critical to survive the next crisis, but I also believe that the next crisis will be used to accelerate adoption of the tools of the bankers and politicians.

And I think there’s a good chance that it will be XRP.

So why not throw a few bucks on the craps table? I’m not talking about large amounts that I can’t afford to lose. But I think my odds are in my favor over the next 2-3 years.

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Darin 1y ago

I meant to say diversifying, not divesting.