mindaugasii on Nostr: Back in the day there were a number of people expecting BTC to go down to 14k. Now we ...
Back in the day there were a number of people expecting BTC to go down to 14k. Now we are mocking those.
But why? What would have gone wrong if it did go to 14k, everyone produced evidence that now is the real bottom, and then it went up? Why do we have to fool somebody to feel good?
Now some are afraid it might go down to 80k. Why not let it go down, then all trumps, mstrs, keisers, all miners and everyone come out and say that is the bottom, there will be SBR, they will not sell for less, and will buy if anybody tries to? Why not? Why not let all the smart enough ones to go leveraged long, pump the price, and leave the nocoiners poor? What am I missing?
The poor will not starve. We will just force them to accept sats for the goods they produce. That is it.
And we will not enslave them. Just because that is not what we are.
Is it not clear yet that the ones with coins already and with knowledge and experience enough to use leverage are the best ones to have all the power, while the ones with no coins will do best without it?
WTF?
An honest question that demands an in detail answer.
But why? What would have gone wrong if it did go to 14k, everyone produced evidence that now is the real bottom, and then it went up? Why do we have to fool somebody to feel good?
Now some are afraid it might go down to 80k. Why not let it go down, then all trumps, mstrs, keisers, all miners and everyone come out and say that is the bottom, there will be SBR, they will not sell for less, and will buy if anybody tries to? Why not? Why not let all the smart enough ones to go leveraged long, pump the price, and leave the nocoiners poor? What am I missing?
The poor will not starve. We will just force them to accept sats for the goods they produce. That is it.
And we will not enslave them. Just because that is not what we are.
Is it not clear yet that the ones with coins already and with knowledge and experience enough to use leverage are the best ones to have all the power, while the ones with no coins will do best without it?
WTF?
An honest question that demands an in detail answer.