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Yeah, idk that I buy that. Considering the recent growth of bitcoin-only startups, the slow recovery of the mining industry, and a growing distrust of scammy altcoins due to the June crash and the FTX collapse, it seems more likely that Bitcoin marketshare increases and its price rises. Maybe we don't see a bullrun in 2023, but I doubt we have another crash.
And even if prices drop, we'll just keep building on Bitcoin anyway.