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120 sats \ 0 replies \ @Scoresby 17h
Where's the option for yes, it is now?
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Why would it? Will it stop being traded 24/7? Will it stop being one of the fastest ways to cash out when the world panics?
I know we Bitcoiners think it is crazy people sell the hardest asset on earth when war breaks out. We keep hoping more and more people will see it our way. But we are the ones with the unique perspective. The rest of the world wants liquidity as fast as possible when the world falls apart. It's just human nature.
Unless something changes, Bitcoin will always be faster than land and just about everything else of real value in the world. The market is always trying to front-run everything, so when the crap hits the fan they try to move fast, and that's why Bitcoin sells off for a bit during an emergency.
I think even when Bitcoin reaches $1 Million+ you will still see proportionally adjusted sell offs when war starts.
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It could be the case that because first coin means always the leader.
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Only after hyperbitcoinization....
... which will only come if people start USING Bitcoin for more than SoV.
I was just discussing Bitcoin with some normie finance bros, and it's amazing how many are USING things like XRP or SOL because they believe BTC is too expensive and too cumbersome to transact.
We're not gonna win if SoV is the only use case. Bitcoin has to start being used by people who understand why it's a better than XRP and SOL. We can't perpetually hide in the shadows with our Bitocin while using dollars in public....
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0 sats \ 0 replies \ @OT 17h
Probably just a few more years.
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