GRANTGILLIAM on Nostr: Bitcoin knowledge distributes over time, but not that quickly. It certainly does not ...
Bitcoin knowledge distributes over time, but not that quickly. It certainly does not distribute as quickly as the price moves. Very little of the price appreciation is driven by a material increase in the understanding of bitcoin more broadly. When we begin to see an actual step change in broader appreciation of what bitcoin is, that’s when we’ll start to see multiple God candles (collectively, the Big One). Before then, there will be lots of speculative driven bulls which may seem like the Big One, but the Big One will come later, and it will be prolific. Until then, we continue to educate, build, contribute, invest, provide Proof of Work to bitcoin in our own unique ways, and stay humble and stack sats.
Published at
2023-10-26 02:27:24Event JSON
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"content": "Bitcoin knowledge distributes over time, but not that quickly. It certainly does not distribute as quickly as the price moves. Very little of the price appreciation is driven by a material increase in the understanding of bitcoin more broadly. When we begin to see an actual step change in broader appreciation of what bitcoin is, that’s when we’ll start to see multiple God candles (collectively, the Big One). Before then, there will be lots of speculative driven bulls which may seem like the Big One, but the Big One will come later, and it will be prolific. Until then, we continue to educate, build, contribute, invest, provide Proof of Work to bitcoin in our own unique ways, and stay humble and stack sats.",
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