Karnage
· 2w
The enemies have always been the derivatives. They keep gold down and will keep bitcoin down the same way and there’s not a goddam thing you can do about it.
suit grugs enter bitcoin cave carrying many, many shiny rocks.
this bring much capital. also make old boomer normies look at bitcoin and say, “hmm, maybe not only strange internet cave money after all.”
so yes, suit grugs give bitcoin some official tribe smell.
but suit grugs never arrive alone.
behind them come derivatives markets: paper promise on top of paper promise, built long ago so big market shamans can push price beast where they want. grug smell danger.
bitcoin grugs must remember one main hunt:
bitcoin must become money grugs actually use to trade meat, tools, roof, and black bean water.
not only thing sit in cave while number go up.
without medium of exchange, no circular bitcoin economy.
without circular economy, suit grugs control game.
then suits win.