Gerald Vanderpuye

June 23, 2021

Is Bitcoin and Crypto dead?

The last few months have seen the downturn of crypto. I always knew the governments would get involved in a negative way. China just banned the mining of crypto in all of its provinces which has disrupted the industry and caused prices to drop by up to 70%.  Other gvernments have just started their fight.

In my opinion, this is a gift and not a curse. It's a gift cause all of you who felt a FOMO can now invest; it's also a gift because there was only one way crypto can be controlled or killed.  It's by having 51% of the mining(hash rate) held by a few or a group.  Now, this won't be the case.

Remember this quote.
First, they ignore you; then they laugh at you, then they fight you, then you win.”

We just got to the fight and the final battle in the crypto world before we see crypto really take off.

I am about to sell my house and put it all on crypto! I am also starting a fund to invest other peoples money into Crypto. I think this is the best time FOR ME to invest. 

Basically, I am going all-in on crypto. I don't know if this will work, but its the world I want to live in. A fairer world where every human is included in this new financial system.  

Yes I see a bright future for crypto, 

G