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The people who treated peer 2 peer electronic cash as a casino is getting washed out. I think it can go as low as $3,000 and thats going to be very painful for everyone. It would take some sort of peer 2 peer rennaisance to go up again tho with many users coming to the space. And why not? Its really cheap at that point. The question is who can survive a dip to $3k. But lets see.
Also i obvously dont know whats going to happen :)
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going to 3k will kill the purpose of staking sats...
Not sure if that's what we want.
In any case... we don't know where are we going...
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Lots of angry tweets about bitcoin maximalism right now.
Personally I think bitcoin is desperate for more development on the privacy side, a mass adoption right now is horrible for everyone, except the compliance NgU crew.