Hope you freaks stacked the "dip"!
Instead of boring you freaks with the usual spiel, I'm going to do something a bit different today.
There's a liquidity crunch on the way.
Square's actions signal to me that they are in Bitcoin for reasons that align with the reasons I find myself dedicated to Bitcoin.
Those who decide to focus on Bitcoin from the get-go will have more longevity in my opinion.
Many do not realize it, but the emergence of Bitcoin has enabled a very similar explosion of free innovation that is going to change the landscape of our reality.
Large, successful companies with established revenue streams are able to leverage BTC as another consistent revenue stream without having to chase revenue via the even riskier altcoin markets as companies like Coinbase have been forced to do.
The more cold storage infrastructure is commoditized and open sourced, the less overall power exchanges have over the ecosystem to create moats that give them an uncomfortable amount of control, the better off everyone using Bitcoin is.
Stay up to date! Get all the latest & greatest posts delivered straight to your inbox