Why Nostr? What is Njump?
2025-06-11 18:54:07
in reply to

jasontheoriginal on Nostr: Two things. 1. These cycles will continue until they don't. What i mean by that is ...

Two things.

1. These cycles will continue until they don't. What i mean by that is these are adoptuon curves that have a price and scarcity associated with them. That isn't going away. Markets are markets. You will continue to get hype cycles that over heat due to the halvenings tightening supply. The % returns on the ups will weaken the % downs will weaken. Cycles in the future will go outrageously high because they will start to foce weaker FIAT systems into collapse and forced complete adoption at nation state levels because citizens will refuse to accept a new FIAT ot to be ripped of by another nations FIAT (PS that is when people spend their bitcoin stop being stupid about it). Then it will slow and retrace. Next cycle will kill more FIAT than the last so on and so on until FIAT is gone.

2. Cycles of boom and bust is the healthiest way for mankind to adopt a new worldwide monetary system. Rewarding those who need it most. Rewarding intelligence amd foresight. Punishing stupidity and predidatory institutions like governments. You shouldn't want cycles to stop. They are healthy and let you know Bitcoin is healthy.
Author Public Key
npub1fgnuaulzmkpnpe8jy843hf7lhwefh5xyejl5s4307ajw25tgrlssxnyj2h