Market is down, everyone is unhappy. But has anything materially changed?
No.
Exit taxes. Asset seizures dressed as wealth taxes. Rising authoritarianism. Infinite fiat inflation. Capital controls. Surveillance states.
Those are all coming soon if not already happening.
The thesis is intact.
Bitcoin can't help here: it's fully transparent and has no roadmap to tackle quantum attacks. Dalio won't touch it because "all transactions are public", making it a non-starter for central banks.
Gold can't help here either: it's physical, cumbersome and easy to seize. Try crossing a border with it or sending it to someone online.
What's left?
Zcash.
lots of doomposting for btc after saylor sold *checks notes* 32 units of btc and panic spread among the suits
I'll take the other side, take some profits from runners and buy some $BTC here