girevik on Nostr: People always assume Bitcoin will moon during a financial crisis, but it doesn't make ...
People always assume Bitcoin will moon during a financial crisis, but it doesn't make sense. People are going to need liquidity if their money is frozen or lost by banks and they lost their source of income. Even the most hardcore maximalist will need to sell some to pay for basic needs. The mooning happens in between crises, not during.
Published at
2023-03-13 16:35:24Event JSON
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"content": "People always assume Bitcoin will moon during a financial crisis, but it doesn't make sense. People are going to need liquidity if their money is frozen or lost by banks and they lost their source of income. Even the most hardcore maximalist will need to sell some to pay for basic needs. The mooning happens in between crises, not during.",
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