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Jose Sammut39d ago
This is, obviously, cope. We have failed to inspire more adoption. A few people came chasing returns and left or switched up when it didn't go high enough. The fiat price is a reflection of this. They are not undermining their own institutions to spite you. Saylor has his own visions, Mallers has his own vision, cyberpunks have their own diverse opinions.. That's okay, and also healthy in a way. But everyone is individually getting nowhere, and the price reflects that. The nature of Bitcoin means that the people that believe in the asset despite our current struggles will buy up the supply and squeeze the price higher. So I'm not trying to be a doomer, but they're not out to destroy us. They chose to consolidate into gold instead. A choice they're entitled to btw.
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BTCrevolutionary39d ago
I don’t get people buying gold… it’s has already failed as a money. The future is digital, how can people be so blind to this? Also why would we want to trust government again with control of the money? It’s been proven time and again that man can’t be trusted to preserve the value of money. Too many incentives to act in your own interest
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Micael39d ago
I get your point, but its nahive to believe that banks and governments do not want to suppress/control/destroy bitcoin. Bitcoin is the way to opt out and they have demonstrated to try to destroy every bridge in the past. This time will not be different. They don't fear Bitcoin as an asset, they fear bitcoin as a MoE outside their control netework.
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