SpyMasterTrades on Nostr: I feel sorry for those who post: "Bitcoin is going to CRASH!" They haven't yet ...
I feel sorry for those who post: "Bitcoin is going to CRASH!"
They haven't yet discovered that Bitcoin is hard money, and that a crash in the price of #Bitcoin can only happen if fiat currency, which is backed by nothing, is your unit of account.
They fail to realize that Bitcoin's 5,583,371,195% return against the dollar since 2009, represents the dollar crashing in value.
If Bitcoin's price temporarily comes down against the dollar in 2024, what's happening is that the dollar's ongoing crash against Bitcoin is taking a temporary respite.
Published at
2023-12-16 19:13:26Event JSON
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"content": "I feel sorry for those who post: \"Bitcoin is going to CRASH!\"\n\nThey haven't yet discovered that Bitcoin is hard money, and that a crash in the price of #Bitcoin can only happen if fiat currency, which is backed by nothing, is your unit of account.\n\nhttps://m.primal.net/HUBf.png\n\nThey fail to realize that Bitcoin's 5,583,371,195% return against the dollar since 2009, represents the dollar crashing in value.\n\nIf Bitcoin's price temporarily comes down against the dollar in 2024, what's happening is that the dollar's ongoing crash against Bitcoin is taking a temporary respite.",
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