Here is my take how the masses will be priced out of bitcoin.
Retail investors lately struggle to push Bitcoin prices higher because many face financial pressures from inflation. As the cost of living rises, people have less disposable income to invest in Bitcoin. Many retail investors rely on credit card loans and other forms of debt to cover basic expenses, limiting their ability to participate in the upcoming bullrun. High-interest debt and inflationary pressures make it harder for them to allocate funds toward long-term investments, reducing their collective influence on Bitcoin’s price.
marksn
npub133…dzcc2
2024-10-02 07:05:49
Author Public Key
npub133jhs60urmm6k7tajx4lsmpjezd0j2u0dns5vdgay6svyzxqljmqndzcc2Seen on
wss://relay.damus.ioPublished at
2024-10-02 07:05:49Event JSON
{
"id": "dbef70c6ddd70e10c677509fd8b46e9899d8befd781eaa18fb6fc77cebefd332",
"pubkey": "8c657869fc1ef7ab797d91abf86c32c89af92b8f6ce146351d26a0c208c0fcb6",
"created_at": 1727852749,
"kind": 1,
"tags": [],
"content": "Here is my take how the masses will be priced out of bitcoin.\n\nRetail investors lately struggle to push Bitcoin prices higher because many face financial pressures from inflation. As the cost of living rises, people have less disposable income to invest in Bitcoin. Many retail investors rely on credit card loans and other forms of debt to cover basic expenses, limiting their ability to participate in the upcoming bullrun. High-interest debt and inflationary pressures make it harder for them to allocate funds toward long-term investments, reducing their collective influence on Bitcoin’s price.",
"sig": "bbdd60758ccd725d9ea1d9ce9922b1a78195674c67529fefe6da85b5c87b506e538aac5ae6b8325032cda22e4fd7d80a076722f674784735762cd460f414ee1c"
}