You’re missing my point. I hope you don’t interpret this as hate, I’m trying to be constructive.
We are at a much different stage than we were in 2013, and while I don’t have all the answers, I can recognize that the period from 2021-2026 has been a comparative failure. We have lost a lot of momentum and we are struggling to reach a higher density of adoption.
In 2021, Bitcoin dropped from 64,000 to 29,000 during the summer. You were around for that. -50%, just like the hodling post. And now today, 5 years later, we are ~110% above that.
And that’s still good returns for someone who bought at 29k, but that’s much more of how the market has been so far this decade. Basing your predictions on 2013 returns from when the market cap was in the 10s of billions has not panned out.
You’re essentially an influencer, all I’m trying to say is that we need to have new, original approaches in order to influence the broader world into supporting the idea of Bitcoin. Trying to relive the past will not lead to our success.
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Do not worry, I interpreted no hate and I appreciate the response. You make solid points, but to clarify we went from $69,000 down to about $16,000 in the bottom of the bear, then ran from 16k to 125k (I know you were talking 2021 dump specifically but just pointing this out). From the 2022 bottom to the 2025 top was ~680% increase.
Regarding alternate approaches to bringing people into Bitcoin, I agree with you. And if you listen to my podcast @THE Bitcoin Podcast you know that I rarely talk about price for more than a couple minutes, unless it’s in the general context of vibes.
That said, NGU is still Bitcoin’s best marketing. I wish more people cared about FGU but they simply don’t. i’m still going to keep talking about a lot of the FGU stuff, both with regard to Bitcoin, and with regard to other open source freedom tech, but every once in a while, I do cave in and throw out a post about price and historical context.
I don’t know where Bitcoin will be in one year or even four years, and honestly that doesn’t concern me too much. What concerns me is 10, 20, 30 and 50 years in the future. There is a storm coming, and I firmly believe Bitcoin is the best way to weather that storm and come out stronger on the other side.