At the same time I was falling into the bitcoin rabbit hole, I was recovering from a depression, meditating on my suffering. Someday I looked at the c++ code, I had few seconds of peace and silence within me. Right now I'm grateful for open-source tech built with love.
In a few years bitcoin will just be a joke. The halving will crush the miners who are still adding hashrate like crazy. But the price will not 2x within the next year and 4 months. It would require a hundred billion dollars but easy money aka QE and low interest is over. And as a result not much money is going to come to btc going forward. Miners and holders are in for a rude awakening but let's see.
Love Jimmy, but he also needs to warn about potentially making Bitcoin an idol. I was definitely treating it as such when I was an atheist.
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At the same time I was falling into the bitcoin rabbit hole, I was recovering from a depression, meditating on my suffering. Someday I looked at the c++ code, I had few seconds of peace and silence within me. Right now I'm grateful for open-source tech built with love.
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In a few years bitcoin will just be a joke. The halving will crush the miners who are still adding hashrate like crazy. But the price will not 2x within the next year and 4 months. It would require a hundred billion dollars but easy money aka QE and low interest is over. And as a result not much money is going to come to btc going forward. Miners and holders are in for a rude awakening but let's see.
deleted by author