Damus
Control-Plane Capital · 2w
Tether is basically the government, so they do what they're told. If they were told to stack gold, it indicates that the Controllers want to direct capital away from Bitcoin and toward gold right now...
Noob profile picture
I don't see any problems with tour reasoning.

Long ago, bitcoiners theorized that bitcoin couldn't be captured like gold because it could be easily teleported. May I remind you even Monero has this characteristic.

Well, seing nowadays short term price action, we are kind of frustrated with this gold like numb behavior, aren't we?

If we cannot succed, I'm afraid any other variation of descentralized crypto currency would have the same fate ๐Ÿ˜’

Maybe we just need a shake out, something that briefly incapacitates this cancer that derivative markets are. Maybe it's how bitcoin succeds from now on: periods of boredom followed by higher price plateaus.
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JOE2o · 2w
The issue I see with bitcoin is it can't just keep shaking out people and expecting new cohorts to line up to take the place of the cohorts that got shook out. Feels like there's just not a curious buzz around bitcoin anymore, like a rock band that for the first time is struggling to fill seats on...