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37 sats \ 1 reply \ @SimpleStacker 6 Apr \ on: MONEY CLASS OF THE DAY: We Were Wrong—It's Over econ
Nothing has changed about Bitcoin's thesis. If you believed in the thesis, nothing about what's happened in the past few weeks should change that.
It's just that degen traders and their autobots are still lumping Bitcoin together with "technology" and other risk-on assets, so price just moves together with those. Also, a bunch of price movements are just liquidity signals and other timing-related "technical analysis" nonsense.
Stay the course, but keep some cash on hand and diversify your assets in case you need to exchange assets for goods in a short moments notice.
Our civilization 'still' runs on energy.
And Bitcoin is the biggest, most direct digitization of energy we have.
It's the very best one - especially as the hashrate is absolutely screaming.
Bitcoin to me is the digitization of energy required to make it... and therefore ownership of the future of our civilization.
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