[thebasketballgeek]

This is the 5th time that Bitcoin has crashed. However, we can’t ignore that after every crash so far that Bitcoin (and the rest of crypto for that matter) have rebounded and reached all-time highs after every crash. Of course past performance has no indicator of future success, but it is something that should be considered regarding the extreme volatility of cryptos both positively and at the moment negatively.

Also, I do believe that Canada will start implementing some sort of digital currency because that’s where the technology is headed, but it won’t be backed by Bitcoin rather it’ll be backed by the state like all currencies are.

In terms of crypto specifically I’m much more intrigued by Ethereum then Bitcoin.