well economic growth and contraction only effect prices once were on a bitcoin standard. current bitcoin deflation is being driven by adoption as a saving tool.
its being driven by speculative investment.
those deep pockets want more USD, not Bitcoin.
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I think thats the froth on the top of every cycle but there is a growing base of self custody savers in bitcoin. They are just hoping that one day sovereign private layer 2s open up
hodler set the floor 👍