@100trillionUSD 3. (middle) BTC is finding it's own pace in terms of adoption and is neither a ponzi scheme nor is it intended to rise exponentially for the pure sake of growing one's principal.
NEW: Today, we’re suing Michael Saylor - a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes - for tax fraud.
Historically, #BTC Bear Markets tend to find their absolute bottom price approximately 365 days after the previous Bull Market peak
It has been almost 300 days since the Bull Market peak
So if history repeats, the $BTC bottom is still at least two months away
#Crypto#Bitcoin
@100trillionUSD 3. (middle) BTC is finding it's own pace in terms of adoption and is neither a ponzi scheme nor is it intended to rise exponentially for the pure sake of growing one's principal.
@CryptoMichNL To me a very obvious sign that it was overvalued in the first place due to hype speculation. If #Bitcoin really had no value it would have gone down to zero by now. Just my 2 sats.
@GuFinProf@NeilJacobs DeFi projects can fractionally reserve BTC at their own risk. What uniquely keeps the #Bitcoin system in check is that no central party can bail out those projects when they are found insolvent.
On changing Bitcoin's 21M limit at the protocol layer:
https://t.co/XMg42uUuKS