I think people need to rethink bitcoin. No one lost anything.
They have exactly the same bitcoin they had before the fall.
What you think they lost is YOUR opinion of bitcoins value in fiat dollars. which is silly as fuck. US dollars or any other currency is watered down bullshit.
Bitcoin is a rare resource. US dollars mean nothing. Buy Bitcoin. Hold Bitcoin. Trade for Bitcoin. Dont look at $ for value. The whole point of bitcoin was for you to learn this fucking simple point
The end goal is to increase your wealth. If Bitcoin is going to drop to $20k by the end of the year, you're better off selling here and buying back lower.
Nobody is going to ignore the fiat value of shit coin. When someone lets you buy a $30k car for 0.01 BTC let me know
it's a replacement digital financial system being treated as a tech stock.
Biden is going to regulate it into non-existence. It only acts as a feasible replacement for the dollar if the zionist bankers can do fractional reserve lending with it and they cannot do that with bitcoin as they don't control it. So they will make it illegal to use it, they will make it illegal to convert it to USD and only the savvy will be using VPN's and overseas exchanges to do their crypto transactions. Widespread adoption is whats needed for bitcoin to work long term. Unfortunately the CDBC that the fed wants to issue could have potential for very nefarious control. Depending on how the block chain is written they could do a time-limited disappearing currency similar to what China is doing. That ends all ability to save your money and probably will be reserved as a "UBI" type of payment. Then when you haven't paid your tax they probably will structure it in such a way that the fed can "take back" your coins or seize your money. They don't want anyone socking money away in shoeboxes. They want people under the thumb permanently.
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