These cycles are clearly easy to understand. I agree with you that a lot of people buy in at the top of any cycle and then sell at the Lows. It’s human nature. And this will all happen again at a half a million or $1 million per bitcoin.
Bitcoin is gonna separate the speculators from the investors. Surviving that first cycle is pretty tough, especially when you’re young. I started buying bitcoin at $6000 and it went down below $3000. I’ve been buying every day since.
I drive through small towns quite a bit and a lot of them have one little business left. Once we have real money where work is actually rewarded again. These small towns will start to thrive again.
With Fiat that flows to the capitals of the nation and large connected corporations, the small business, and the small towns didn’t ever stand a chance. With or without China.
Nostr is a peer to peer platform and nobody owns it so there’s no advertising for the system and nobody is really selling you to you to use the platform.
So you have previously learned how to think on your own to use Nostr. That’s a big leap for most people right now who live under socialist or communist dictators. Even the USA is mostly a socialist country the last few generations and it still has the most free people.
Most have been born and raised to fall in compliance. The entire western civilization education system is designed to create compliance.
The education system is not designed to create humans that think independently and critically. Question everything.
You must have used AI - which I do with everything now. Because it's not just Government statements that are lies, it's just about everything!
Believe NOTHING.
Question EVERYTHING.
If we could get people to do that for everything, we enter a new Age of Enlightenment. We end fiat Government currency. And reverse everything going on in the world right now.