6 sats \ 0 replies \ @faithandcredit 22 Mar 2023 \ parent \ on: The White House just dropped a backlog of FUD: FedNow and a future CBDC bitcoin
The irrational exuberance is brought by fed policy. Bitcoin cycles are closely correlated with rising or falling interest rates and the 2020/2021 pump was strongly supported by the thousands of dollars ppl got for free during covid.