You're telling me SpaceX, a company that loses billions each year launching rockets, will be valued at $2 trillion, while Bitcoin, a decentralized global monetary network (digital gold and revolutionary new money), has a market cap of only $1.2 trillion. $BTC
Bitcoin is back under $70,000, 45% off the ATH, ETFs have had eleven straight days of outflows, and Strategy sold bitcoin for the first time since 2022.
The headlines might be bad. But guess what?
- The supply cap is still 21 million
- The block time is still 10 minutes
- Nothing about the protocol changed today
Stack your cheap sats and go about your day 👍