BITCOIN IS DEAD
Many will think this just because gold and silver are skyrocketing while the price of bitcoin is “dead.” Many will say that bitcoin failed the “inflation hedge” test or that ...
Some thoughts from my side..
Tourists might be a pain in the short run, but quite a few of them will end up becoming the Bitcoiners of the future. So no tourist-bashing from my side.
What I don’t really get is this idea that banks are “attacking Bitcoin” or “manipulating public opinion through narratives.” From where I stand, banks, especially in the US, are doing the opposite: adopting BTC on their own terms. ETFs, custody services, treating Bitcoin as a legitimate asset class.
I get the frustration about gold and silver rallying while Bitcoin lags behind. But that’s just a snapshot in time. Over a 5–10 year horizon, BTC will outperform, just like it always has. Let Schiff enjoy his moment. We’ll be the ones partying and cheering later.
Tourists might be a pain in the short run, but quite a few of them will end up becoming the Bitcoiners of the future. So no tourist-bashing from my side.
What I don’t really get is this idea that banks are “attacking Bitcoin” or “manipulating public opinion through narratives.” From where I stand, banks, especially in the US, are doing the opposite: adopting BTC on their own terms. ETFs, custody services, treating Bitcoin as a legitimate asset class.
I get the frustration about gold and silver rallying while Bitcoin lags behind. But that’s just a snapshot in time. Over a 5–10 year horizon, BTC will outperform, just like it always has. Let Schiff enjoy his moment. We’ll be the ones partying and cheering later.
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