Drake Drops New Single Comparing ‘Fake Friends’ to Bitcoin’s Brutal Price Swings ⋆ ZyCrypto
The post Drake Drops New Single Comparing ‘Fake Friends’ to Bitcoin’s Brutal Price Swings ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement     Drake, a renowned rapper and Bitcoin enthusiast, has dropped a new single ahead of an album release with lyrics referring to the volatile nature of the cryptocurrency Bitcoin. The single is released at a time when Bitcoin’s future remains uncertain, particularly regarding regulatory support from the US government. It could very well reach an All-Time High (ATH) in the coming months. Drake’s new single addressed themes of betrayal, fake friends, and conflict. Drake released a new single titled “What did I miss” ahead of an upcoming album release. Bitcoin traders have taken a keen interest in the album due to its lyrics—the new single references Drake’s ongoing feud with rapper Kendrick Lamar. Drake refers to his conflict with Lamar as being similar to the price volatility of Bitcoin, which can fluctuate significantly from one day to the next. Drake is also a keen gambler and has been referred to as the ‘Drake Curse’ due to his unfortunate picks on UFC, NBA, among other high-profile sporting events. Blockwave, a Bitcoin hardware provider, predicted in 2022 that it would use data from previous innovations that scaled over time, such as automobiles, electricity, and the internet, to forecast Bitcoin adoption. Blockwave predicted that Bitcoin would hit 10% adoption by 2030, using the listed scalability models for technological innovation. It is estimated that Bitcoin currently has a global adoption rate of 4%, meaning that approximately 4% of the world’s population holds Bitcoin. Therefore, using a back-of-the-envelope analysis, we can safely assume that Bitcoin will double from 4% to 10%, which corresponds to a roughly 2x increase in adoption. This could lead to a 2x price increase from $100k to $200k if the scalability model of technological innovation holds. This forecast supports the Bitcoin traders who have been pointing to a…
The post Drake Drops New Single Comparing ‘Fake Friends’ to Bitcoin’s Brutal Price Swings ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement Drake, a renowned rapper and Bitcoin enthusiast, has dropped a new single ahead of an album release with lyrics referring to the volatile nature of the cryptocurrency Bitcoin. The single is released at a time when Bitcoin’s future remains uncertain, particularly regarding regulatory support from the US government. It could very well reach an All-Time High (ATH) in the coming months. Drake’s new single addressed themes of betrayal, fake friends, and conflict. Drake released a new single titled “What did I miss” ahead of an upcoming album release. Bitcoin traders have taken a keen interest in the album due to its lyrics—the new single references Drake’s ongoing feud with rapper Kendrick Lamar. Drake refers to his conflict with Lamar as being similar to the price volatility of Bitcoin, which can fluctuate significantly from one day to the next. Drake is also a keen gambler and has been referred to as the ‘Drake Curse’ due to his unfortunate picks on UFC, NBA, among other high-profile sporting events. Blockwave, a Bitcoin hardware provider, predicted in 2022 that it would use data from previous innovations that scaled over time, such as automobiles, electricity, and the internet, to forecast Bitcoin adoption. Blockwave predicted that Bitcoin would hit 10% adoption by 2030, using the listed scalability models for technological innovation. It is estimated that Bitcoin currently has a global adoption rate of 4%, meaning that approximately 4% of the world’s population holds Bitcoin. Therefore, using a back-of-the-envelope analysis, we can safely assume that Bitcoin will double from 4% to 10%, which corresponds to a roughly 2x increase in adoption. This could lead to a 2x price increase from $100k to $200k if the scalability model of technological innovation holds. This forecast supports the Bitcoin traders who have been pointing to a…
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