It will :( turn into a shitcoin act

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Yep, certainly trending that way with a quickness.

on the bright side, a lot of "if it's not endorsed by gubmint i won't invest" people are now gonna join the crypto-fiat scene and all the OG shitcoiners will stack their sats hard, of course, as they always do

which means that maybe we can shift the likely band of 200k bitcoin out to 500k at this point?