The Observer
All Star
I thought Bitcoin was a store of value and a hedge against inflation lol?Right. it's declining value has nothing to do with any global macro events going on. That's why stocks, real estate, and every other market is way up right now, while only crypto is down
So I take it by your theory of no mass adoption it will never touch 60k again right?
From its $68k high it’s now down nearly 75%.
The stock market is down less than 20%
Gold is down less than 20%
The housing market is actually up higher than ever….if you owned property you would know this lol.
So i’m not sure your excuse of ‘global marco events’ justifies what you said….it’s just a lazy excuse.