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Nuts 2y ago

Very true! I like to think of bitcoin's booms and busts as a self-cleansing mechanism that, in the long run, eliminates leveraged investors and rent seekers.

And we don't mind the next bust that much! It's our chance to gobble up more #BTC with blood, sweat, and tears when the next bust happens.

#Nostr #Bitcoin #CryptoHumor

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Delta Charlie 2y ago

Anyone who has studied capitalism and free markets understands this. Nature does the same thing. Prices of things should rise and fall based on supply and demand, not the injection of new currency into an economy.

The corruption is when central banks and government interject themselves in between free market forces.