Hi Alb. Interesting proposition. This is probably an excellent time to introduce any /everything crypto related. Since the Bitcoin euphoria doesn't appear to be declining at present 3/16/24. Good luck with it.
As a side note, I also think one has to be cautious in clumping "ALL" cryptos together like it has something to do with Bitcoin. I am guilty myself in calling or referring to cryptos as bitcoin. It reminds me of the name recognition for the soft drink Coke(Coca Cola). Most all soda-type drinks have always benefitted by association. Bitcoin certainly benefits from being the first crypto to the party(And always will,IMO).
Most are not connected in any way, shape, or form to bitcoin. Many have been created as a joke amongst friends. Many of these crypto originators have even made these exact statements from the beginning, yet have received millions of dollars from investors (e.g., Doge,Shibu,...etc). Most cryptos originators are simply playing upon Mans innate desire to gamble and take risks, with proposed potential to get rich quick. Thesis by KungFuBac.
I noticed that not only are hedge funds and financial industry now pushing out crypto ETFs, but now (Grayscale I think) is proposing a "Mini" crypto ETF as an additional derivative. Of course, anyone investing in these ETFs and or "Mini" ETFs own absolutely (0) Bitcoins.
Best of luck to all crypto investors.
As a side note, I also think one has to be cautious in clumping "ALL" cryptos together like it has something to do with Bitcoin. I am guilty myself in calling or referring to cryptos as bitcoin. It reminds me of the name recognition for the soft drink Coke(Coca Cola). Most all soda-type drinks have always benefitted by association. Bitcoin certainly benefits from being the first crypto to the party(And always will,IMO).
Most are not connected in any way, shape, or form to bitcoin. Many have been created as a joke amongst friends. Many of these crypto originators have even made these exact statements from the beginning, yet have received millions of dollars from investors (e.g., Doge,Shibu,...etc). Most cryptos originators are simply playing upon Mans innate desire to gamble and take risks, with proposed potential to get rich quick. Thesis by KungFuBac.
I noticed that not only are hedge funds and financial industry now pushing out crypto ETFs, but now (Grayscale I think) is proposing a "Mini" crypto ETF as an additional derivative. Of course, anyone investing in these ETFs and or "Mini" ETFs own absolutely (0) Bitcoins.
Best of luck to all crypto investors.