Absolutely, yes you’re right.
Also, Coinbase keeps pulling a Robinhood by denying Retail from buying when their corporate clients have massive inflows to pair-up.
So there are a lot of factors at play.
As there always are when tectonic plates have shifted.
I’m only, humbly offering that Bitcoin breaking to new ath and rocketing up…that’s shits done. Now we’re on the stairway to Heaven. Greater demand must find the price that forces multi-year Hodlers to sell.
And we Hodlers have our price, let’s not be naive.
But the amount we will part with diminishes quickly over time, and will continue to do so for our children. And their children.
It’s going to be strange to witness, actually, and I hope I do for as long as I can.
It’s an economic theory that has never been written. It’s the opposite of Capitalism, at the same time that it’s the opposite of Socialism, or Communism, or virtually ever other “-ism”.
Bitcoin is Economy Without Ideology. It simply is. “Economists” of the future will become little better than weather forecasters. They won’t command any respect apart from their ‘batting average’.
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