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2 sats \ 0 replies \ @Brunswick 26 May 2022
When you're beginning to wonder really who's crazy, Fiatstreet or The Oranges, check your seatbelt you're in for a wild ride.
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0 sats \ 0 replies \ @nerd2ninja 26 May 2022
While this is certainly a hot take, in my opinion, this isn't the bottom you're looking for.
But damn, the idea that Bitcoin isn't a hedge against inflation even though all assets are down (therefore there is no hedge against inflation by such logic) is so disingenuous
"The 38% drop in Bitcoin since January 1, is far worse than the 28% drop in tech stocks"
"$100 into Bitcoin, or use the same money to buy a share of Twilio" whom "is now down 72% from where it was a year ago"
So Bitcoin is a bad investment because price be low, but Twilio is a great investment because price be low? Sometimes man. Sometimes these articles can induce a brain aneurysm.
Anyway, still not the bottom. The bottom is when no one is talking about it at all, save for the very core community of builders and full orange pilled enthusiasts.
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