I think it’s normal. It’s like during the gold standard time: why spend gold if people give you gold for silver? If someone has plenty of BTC, let’s say some hundreds and think to spend some, that’s good. Saylor sees BTC as his emergency boat. His company was going downwards and he found a lottery ticket. The OG bitcoiners , those who didn’t even bought it, just mined, they have a different mindset.

Saylor actually is being quite a gravitational distortion on bitcoin, screwing up and pricing out a lot of people. Because of him and his proof of concept, now we have REALLY big money coming and taking everything, using freshly printed money, handed out by Biden. Obviously the last cycle we’ve had the crypto casinos attacking bitcoin valuation. And a lot of those crypto bros were paid to buy bitcoin but they scammed everyone. Therefore the price in the last cycle didn’t reach the expectations, I think.

Now we have less focus on those embezzlers and more in BITCOIN itself. But now the middle class is priced out forever of a whole coin, unless they can restructure a mortgage.

I really don’t know.