Subnostr

I know but wall street will learn their lesson. Bitcoin has been in a super cycle for 16 years and the only thing we can expect from wall street is eventual price manipulation (as they do with the commodity markets) and attempts to squeeze Bitcoin into an asset class that favours them, not the crowd (aka dumb money). Then, the next cycle is going to kick in and humble them.

Brisket 8mo ago

I think his point is that this fiat injection will be a far greater total amount & will take much longer to flow in.

I agree that Bitcoin is an untamed beast & that any attempt to control it will backfire. Everybody is humbled by Bitcoin eventually.

I'm just not so sure that the next halving will have such a huge impact. It will definitely serve as a reminder of how freaking scarce this stuff is.

Reply to this note

Please Login to reply.

Discussion

No replies yet.