This should have been expected when states, corpos, and spooks get involved. I blame Saylors ponzi and wall street paper btc for most of the impotent price action.
I think the idea/culture that bitco...
It’s rational to expect that a money with a lower issuance rate (greater scarcity) should increase in purchasing power faster than other monies, but Bitcoin’s novelty disrupts that simple rationale.
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