There is a reason why Bitcoin will decouple now.
I've noticed that Bitcoin was perceived by the masses to be intended as an inflation hedge.
For the last 2 years, it has been correlated with tech stocks.
So, even though the Bitcoin was perceived as an inflation hedge, its price didn't really grow that insanely fast because people were suddenly hedging against inflation.
That was a pretty big influx of morons.
Those people generally don't even know how inflation works, when does it become noticable, and why should they care. They only saw: "coin price go up".
Inflation in the real world comes about 18-24 months after the money printing.
When the sh1t hit the fan (thanx to J.Pow), and people say that prices in shopping centers started going up, but BTC price fell, they concluded that it wasn't an inflation hedge so they pulled their money out.
But, people will now see how the actual inflation works, and why BTC is the solution.
I've noticed that Bitcoin was perceived by the masses to be intended as an inflation hedge.
For the last 2 years, it has been correlated with tech stocks.
So, even though the Bitcoin was perceived as an inflation hedge, its price didn't really grow that insanely fast because people were suddenly hedging against inflation.
That was a pretty big influx of morons.
Those people generally don't even know how inflation works, when does it become noticable, and why should they care. They only saw: "coin price go up".
Inflation in the real world comes about 18-24 months after the money printing.
When the sh1t hit the fan (thanx to J.Pow), and people say that prices in shopping centers started going up, but BTC price fell, they concluded that it wasn't an inflation hedge so they pulled their money out.
But, people will now see how the actual inflation works, and why BTC is the solution.
Comment:
www.youtube.com/watch?v=nJeddv1Q...
Comment:
I'm adding a new catalyst.
Financial crysis may cause many more countries to consider Bitcoin as their reserve asset, or their national currency.
Dollar isn't the only alternative anymore.
However, $$$ is quite strong at the moment, so we'll see.
Financial crysis may cause many more countries to consider Bitcoin as their reserve asset, or their national currency.
Dollar isn't the only alternative anymore.
However, $$$ is quite strong at the moment, so we'll see.
Comment:
I'm moving 100% of all my assets and savings into Bitcoin.
By the end of 2023. I will close all my bank accounts forever.
Also migrating all my business to the Bitcoin standard.
The race is over, Bitcoin won.
By the end of 2023. I will close all my bank accounts forever.
Also migrating all my business to the Bitcoin standard.
The race is over, Bitcoin won.