moldboy on Nostr: They must raise their prices in order to survive. You cannot expect the supplier to ...
They must raise their prices in order to survive. You cannot expect the supplier to raise prices and you keep the same prices. You must respond to inflation not ignore it. This is how a debt based economy works. Bitcoin itself poses several problems, it’s price is volatile and manipulated. The current Bitcoin market is entering capitulation phase and we will likely see its price drop below 12,000 possibly even below 9600 and possibly below 6000. I wouldn’t orange pill people during capitulation phase if their goal is to use it as a form of money because it could cause great loses. :-/
Published at
2023-08-30 06:34:15Event JSON
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"content": "They must raise their prices in order to survive. You cannot expect the supplier to raise prices and you keep the same prices. You must respond to inflation not ignore it. This is how a debt based economy works. Bitcoin itself poses several problems, it’s price is volatile and manipulated. The current Bitcoin market is entering capitulation phase and we will likely see its price drop below 12,000 possibly even below 9600 and possibly below 6000. I wouldn’t orange pill people during capitulation phase if their goal is to use it as a form of money because it could cause great loses. :-/",
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