learnaboutbit on Nostr: Do you think we break out of the Bitcoin cycles? If so… when? The Bitcoin cycles ...

Do you think we break out of the Bitcoin cycles? If so… when?

The Bitcoin cycles seem to be driven by the halving, where the incoming supply gets cut in half. As the halvings get less substantial, I expect Bitcoin demand to be in the drivers seat.

With growing Bitcoin demand and continued monetary debasement of fiat currencies, I think people will eventually start to think… why sell back into fiat at all?

At this point we see buyers and sellers cutting fiat out of the equation, as sellers would rather accept Bitcoin, the stronger form of money.

As more and more people realize they don’t want fiat (ponzi money)… they want Bitcoin (freedom money), people stop selling back into fiat, and the cycles are no more! People start exchanging there Bitcoin for other things like food, shelter, entertainment, etc.

What do you think?

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