#Bitcoin did not lose half of its "value" since the peak of the last bull market.
Bitcoin's "value" is at an all-time high (hash rate ATH, growing level decentralization, record number of addresses holding 0.1 to 1 BTC, regulatory uncertainty dropping, growing institutional adoption with ETFs around the corner, growing share of renewables used to mine, ESG narrative finally settling, etc.); only the market price still needs to reflect that.
Thomas Jeegers
npub1v0…cl5my
2023-08-09 11:16:04
Author Public Key
npub1v0ck5klm8s7kwg9rq38r7rukhmtstfq5hex57xulvg2lzvdagq6qrcl5myPublished at
2023-08-09 11:16:04Event JSON
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"content": "#Bitcoin did not lose half of its \"value\" since the peak of the last bull market.\n\nBitcoin's \"value\" is at an all-time high (hash rate ATH, growing level decentralization, record number of addresses holding 0.1 to 1 BTC, regulatory uncertainty dropping, growing institutional adoption with ETFs around the corner, growing share of renewables used to mine, ESG narrative finally settling, etc.); only the market price still needs to reflect that.",
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