The odds that bitcoin rips post-ETF and halving is high.
The odds we hit a recession/depression in 2024/2025 unless they cut rates and print is high (imo).
The average person was incredibly impulsive and prone to manipulation over the past 3 years. They won’t listen to your “orange pilling” logic when they are asset poor AND cash flow poor.
Where's your conclusion?
I really have no idea, but it’s lining up perfectly for bitcoin to be the fall guy.
The more realistic outcome is a 6102 order into the Blackrock ETF for “stability reasons”.
Our economy never reconciled for 2008 and the outcome is going to be catastrophic if and when the fed finally can’t patch it together (1-10 years from now?).
The average person doesn’t understand that nothing was actually fixed under the hood after 2008 and banks are more leveraged now than ever. If the last 3 years have taught me anything, the average person doesn’t want an explanation or to take accountability, they want to point blame… and bitcoiners will be one of the few in a good spot moving forward.
Meanwhile the tradefluencoors on Xitter are still calling for new lows in 2024.
True, it's a vicious cycle, until people get more fiat to cover their needs it's less likely someone takes the time to learn what bitcoin is, but the longer they stay in fiat the less money they will have. Perhaps when fiat printer comes back on we will see more people ready to learn. Seems adoption is much higher in bull markets or when fiat is more abundant.
