Yesterday, there was a lively discussion about a tweet Rick Schwartz wrote regarding an an upcoming collapse he predicted. Quite a bit of the discussion centered on Bitcoin and cryptocurrency, a topic I am admittedly neither an export nor someone who has much insight about.
This morning, Rick Schwartz wrote a brief series of tweets about domain names and cryptocurrency. The tweets culminated with a final piece of advice about buying domain names instead of Bitcoin:
If u buy 10 #Bitcoin u are not going to get rich. Take that $30k & buy a few nice .COM #domains & you may CHANGE YOUR LIFE! #Domains #GTLD 😎
— Rick Schwartz (@DomainKing) June 7, 2017
I know there are many people in the domain name space who also buy cryptocurrencies. Some people are long on these currencies, and others trade them because