The economic technique is crashing for the 1st time in Bitcoin’s background. This is what birthed Bitcoin and it will be it is closing exam.
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Comments (15)
this isn’t the final test… this is a marathon where the current system will kick the can down the road as long as it can. there is more to go.
stay patient, stay humble, stack sats, and don’t fucking dance.
It feels good to be a Bitcoiner.
Not a crash, just a big crack. don’t root for it. Let it happen and be prepared with Bitcoin.
Death of the Dollar. … The biggest redistribution of wealth is coming up in the next few decades.
I’m always tempted to promote bitcoin on the Wall Street Silver sub but manage to stop myself. Same here bitcoin is the real deal – but if the lights ever go out it is a good idea to have some …never mind
Notice how the price of BTC spiked when the canary in the coal mine (SI, SVB, and Signature’s collapse) indicated we may have a bigger problem incoming.
BTC could have a wild and volatile ride, but could easily be $75k – $100k+ at some point between now and 2025.
As a crypto skeptic, this is a statement I can agree with.
Bitcoin did not behave as a safe haven asset at the outset of the ukraine/russia conflict.
It’ll be interesting to see if it continues to behave as a safe haven during this financial crisis.
It’s performance has impressed me and surprised me the past 2 weeks.
This is, irrelevant for bitcoin except for its speculative price. The function of bitcoin does not change. At all.
You’re right, that whole banking crisis was why Bitcoin was created, loss of faith in the system.
Final test lmao. This is just starting. I believe BTC will be pushed /hit so hard that 99% of holders will believe this is the true end. But it will survive once again. The isn’t the final test
You win. I’m not in the mood to argue. And you are also right.
Death of the Dollar. … The biggest redistribution of wealth is coming up in the next few decades.
I’m just starting my journey into Bitcoin and Crypto. I’ve started reading the literature and clearing all of my debt. Once I’m more educated and in a good place financially I will be buying a wallet and start my Bitcoin journey. I hope I’m not to late to the party though.
That paper is from 2008.
* First test