As a Californian, I'm extremely disappointed in @LorenaSGonzalez, and I will be supporting anyone who runs against her, irrespective of political party. We can do better, California.
Many people believe that the crypto winter is over. Here are some of my unfiltered thoughts on this topic. Charts & technicals aside, I don’t believe this rally is sustainable for one reason: The market has not yet decoupled the various crypto assets from Bitcoin.
This means that as the Bitcoin price rises, so does the price of other crypto’s, irrespective of value. This is a key point - Bitcoin could double overnight, but does this mean other assets should too, even if nothing has changed on their end in term of development, network etc?
It’s easy to argue that Bitcoin can be worth $10k or $20k, or even $100k, but the problem is that as the price has been rising towards those levels, we’re not seeing Bitcoin dominance increase disproportionately.
I don’t think I’ve been clear on my thoughts on Bitcoin and the various forks, so here is a quick summary. I still believe peer to peer digital cash will win over “Store of Value”, but that doesn’t necessarily mean that it’s BCH or BSV.
Outside of BTC, BCH and BSV - the other forks are largely unsupported with tiny communities that have little chance of longevity and are, by and large, either outright scams or very poor attempts at forking a protocol and building community & adoption. They may survive sub-scale.
The main forks (BTC, BCH and BSV) are all competing to solve problems relating to a combination of scale, utility, adoption and security, amongst other goals.