Thursday, January 7, 2021

Strangely, nobody is talking about Bitcoin.

During the last bull run I remember friends and family at least mentioning the price increase and sharing their off the cuff opinions. Back then, one friend even cited that fact as a reason he wasn't investing--it felt like a get rich quick fad, an obvious bubble. There was some truth to that, as it crashed to a bear market for quite a while afterward.

But today, the people around me are only talking about politics and the pandemic. In their minds, Bitcoin is probably something that came and went a couple of years ago. It's approaching the market cap of Facebook and it's not even on the radar of people who keep up with current events in the general sense. If I go on a big news site like New York Times, it's not even mentioned. Yes, the capital building incident in the US may have eaten the news cycle, but even tech sites and economics sites barely mention it. It's interesting.


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