gladstein
· 5d
“The Bitcoin president”
https://image.nostr.build/d3446dcbeca2e7225ece6ff3c9f4dbbcd82990a5363d236d31296d071a783617.jpg
I don't see how Trump is going to stop the normal boom and bust cycles of Bitcoin given:
1) a massive mob lead by a very visible developer with several personality disorders that Core formerly willingly embraced screeching that Bitcoin is a conspiracy to distribute child porn
2) nobody is using Bitcoin organically, the fee market is a fucking ghost town, Core has been facilitating too-little-too-late crap like Ordinals (Ord just shut down last month), Runes, and now Citrea, which brings EVM compatibility to Bitcoin. The time to do NFT support was when it was a giant fad, not when it was settled and the market winners were actually chosen. Core quietly realizes that Bitcoin has missed the boat on huge market opportunities and is trying to quietly fix, after nearly a decade of only facilitating grifters working on the retarded clusterfuck that is LN rather than focusing on the features that actually would give Bitcoin utility
Right now Bitcoin’s value is entirely speculative and built entirely on convincing pensioners to hold its shitty bags. Attacking Trump over price action is stupid. He’s been incredibly good to Bitcoin.