Gildong.Hong on Nostr: Spend your money, don't sell it. ...
Spend your money, don't sell it.
the hidden quality of bitcoin to mainstream is that most of the holders are not in the market for any other financial instrument
people might use btc to buy groceries or the occasional house, but it's not something that is rebalanced into other assets after yielding above average
it's FU money that is held through -80% dumps and +1000% rips until victory or valhalla
can't put a "fair value" on that. can't calculate a "reversion to mean"
Published at
2023-11-12 05:07:37Event JSON
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