bitcoinwell on Nostr: The sentiment around bitcoin seems different and more positive than past cycles; what ...
The sentiment around bitcoin seems different and more positive than past cycles; what changed?
Well, a few big things actually...
Bitcoin has crossed a threshold, financially and politically. Bitcoin’s widespread social acceptance is now inevitable and fast approaching
Financial milestone:
Bitcoin vigorously crossed $1T in asset capitalization and the success of the Blackrock bitcoin ETF has sent shockwaves through the investment community
Years ago, if you worked in finance and pitched bitcoin, you’d get laughed out of the room
Nowadays, if you suggest bitcoin will collapse and fall to $0, you’ll get laughed out of the room.
No one can afford to ignore bitcoin any longer
Political Milestone:
Trump’s election victory shifted the bitcoin conversation in the political arena
Bitcoin is now seen as a tool to alleviate federal debt and strengthen the US Dollar
Being Pro-Bitcoin went from a fringe political stance to a mainstream policy objective in the USA in only 12 months
In the global game of bitcoin musical chairs, the world is starting to notice that the music stopped and they need to find a seat (or two) before time runs out ⌛️
Well, a few big things actually...
Bitcoin has crossed a threshold, financially and politically. Bitcoin’s widespread social acceptance is now inevitable and fast approaching
Financial milestone:
Bitcoin vigorously crossed $1T in asset capitalization and the success of the Blackrock bitcoin ETF has sent shockwaves through the investment community
Years ago, if you worked in finance and pitched bitcoin, you’d get laughed out of the room
Nowadays, if you suggest bitcoin will collapse and fall to $0, you’ll get laughed out of the room.
No one can afford to ignore bitcoin any longer
Political Milestone:
Trump’s election victory shifted the bitcoin conversation in the political arena
Bitcoin is now seen as a tool to alleviate federal debt and strengthen the US Dollar
Being Pro-Bitcoin went from a fringe political stance to a mainstream policy objective in the USA in only 12 months
In the global game of bitcoin musical chairs, the world is starting to notice that the music stopped and they need to find a seat (or two) before time runs out ⌛️