Farley on Nostr: When YouTubers and fiat price predictors claim to know exactly when Bitcoin will dip ...
When YouTubers and fiat price predictors claim to know exactly when Bitcoin will dip or rise, it reveals how the fiat price mechanism is being manipulated—not the value or supply of Bitcoin itself. This manipulation comes from fiat assets and doesn’t reflect the true decentralized nature of Bitcoin, where no centralized entity controls its value or availability. The fiat system may influence short-term prices, but it cannot alter Bitcoin's inherent scarcity or long-term value.
Published at
2024-08-13 00:08:21Event JSON
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"content": "When YouTubers and fiat price predictors claim to know exactly when Bitcoin will dip or rise, it reveals how the fiat price mechanism is being manipulated—not the value or supply of Bitcoin itself. This manipulation comes from fiat assets and doesn’t reflect the true decentralized nature of Bitcoin, where no centralized entity controls its value or availability. The fiat system may influence short-term prices, but it cannot alter Bitcoin's inherent scarcity or long-term value.",
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