It’s probably a good time to have another 80%+ downturn. How much fiat-debt backed bitcoin could survive $25k or lower? How long could the tourists last?

To me, a chainsplit is very very bearish short term. People are pointing to certainty when it feels like Bitcoin is in its most uncertain times (short term 1-2 yrs).

Feels to me like Bitcoin has to “die” for Bitcoin to live. Bitcoin’s success is uncertainly certain. Fiat is price is a terrible measure.

https://fountain.fm/episode/rjTLhjX0ADraZ9CA12BA