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It's interesting, but I'm not really excited about it when there's still no real demand for block space going on right now. There really hasn't been an increase in people using Bitcoin, at least on chain. We where at what 11 sats/vB?

This feels like a mostly hype-driven and speculative pump. I don't hate it, but it doesn't feel backed by anything real.

arkinox 1y ago

Is it hype or flight to safety? Probably both. I think some people are running for the exit and others are following out of fear.

If one is serious about preserving wealth, the landscape is barren right now. Bonds are trash, the AI tech bubble is going to pop, the housing market is going to crash and the money printing is accelerating.

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