Considering most believe the government is pretty much bad at managing anything what made them think the government getting involved in crypto would have a different outcome? And wasn't the point of #Bitcoin to offer independence to begin with? - ThreadSky

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northmantrader.bsky.social • 2 days ago

Considering most believe the government is pretty much bad at managing anything what made them think the government getting involved in crypto would have a different outcome?
And wasn't the point of #Bitcoin to offer independence to begin with?

Comments

rainnwater.bsky.social•2 days ago

Exit liquidity was always the endgame - governments and ETFs and funds and who knows holding the bag, as early whales exit. BTC $100k is that level.

mindmathmoney.com•1 day ago

When your money steadily loses value, you're incentivized to spend or gamble.

When it preserves value, you can think generationally.

Bitcoin is shifting time horizons from quarters to decades.

https://bsky.app/profile/mindmathmoney.com/post/3lk3nwy3xxs2f