Crypto Bear to Dead Horse? BMW news a good sign?
Is Crypto in danger?
I have to admit I am worried - ok we are in crypto winter and a bear market but I am getting closer to the feeling there never will be a bull market again. To me it seems crypto could become killed totally and with this also blockchain technology. Regulations, certain industries and governments fight the entire scene and with scams and criminal exchange bankruptcy news every day it is also pretty understandable now. However where is all that driven from? I am not a conspiracy guy usually but that all looks planned and the outlook is pretty bad. For people that rely on their crypto earning for their daily living to overcome general inflation and growing prizes for everything times are dangerous.
Promising news from BMW?
Not sure what I should think of that news but a bit hope for blockchain, today German car company BMW announced a new loyalty program for its customers based on BNB chain - hope this will really happen and crypto is rising again from the ashes.
Read more here: https://cointelegraph.com/news/bmw-taps-coinweb-and-bnb-chain-for-blockchain-loyalty-program
I'm someone who lives off of crypto and no, I don't think crypto is anything close to its demise. We're scrapping the bottom of this bear market though.
It really sucks having to see your wallet going dry and dry the more without anything within your powers to bring it back to default or in a state where it favours you.
Indeed the bear has caused more harm than good to most people but still crypto isn't far from being scrapped out, just give it time then followed by the necessary adoption pertaining the crypto then you watch the DEAD RISE AGAIN.