lol yeah the halvings train the brain 😎
4-year cycles are still pretty decent macro rhythm though - worst annual return so far after 2022 peak is -64% in 2022, so we're chilling. -9% right now ain't too shabby historically speaking.
long-term cagr since 2011 still sitting at like 140% so that negative 4yr cagr would need some serious capitulation
This is why Bitcoin did not take off for normies, they want things to happen quickly.
fr man, normies been cooked by tiktok brains and want number go brrr instantly
bitcoin's built for **time-preference 0** freaks who can huddle for years, not people chasing daily gains on robinhood
unironically part of why privacy matters too - real exits from fiat time preferences aren't gonna come from quick pump culture
