I've learned over time that Bitcoin (unfortunately) doesn't exist in a bubble. A few external things affect it (that I wish didn't).

-politics

-macro

-crypto

Politics affect the network most where it interacts with meatspace. This includes the mining infrastructure, exchanges that still accept useless fiat for bitcoin, and bitcoinERS, themselves.

Macroeconomics impacts mostly the strength of NGU technology. Certain macro landscapes cause people to liquidate their liquid volatile assets. This causes institutions and retail 'non-believers' to sell.

Fucking Crypto. The paper (by that, I mean non-existent) Bitcoin sold during this cycle, in my opinion, caused us not to hit 100k. The collapse of much of the Shitcoin industry caused us to dip below our previous high of 20k. This limits NGU technology.

NGU technology drives adoption, keeps the network secure, and even is frequently re-invested back into the industry. Although there are a few well needed Bitcoin-only VC funds, much of that comes with the aid of NGU technology.

There are ways to insulate ourselves against and limit the impact of these factors on Bitcoin. But to do that, we can both simultaneously be aware of their power AND choose to disregard it.

How?

Last month,

Montana and Mississippi passed

"Right to Mine" Bill's.

We can

BOTH

fight for similar bills

AND

ignore the law if they outlaw it.

peace & pv.