What's your target this cycle for #bitcoin?
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I'm not sure we are going to have drastic four-year cycle drops anymore.
We shall see.
If history has told us anything, it’s that #bitcoin is so unique that it’s impossible to model. Even so, I think US$89k by the end of 2024. 😁
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I believe the ongoing debasement of the USD and the expanding M2 money supply are deliberate strategies to inflate away the national debt. This could send Bitcoin soaring to infinity.
Alternatively, we could face severe economic disparity that leads to social unrest or even civil war. Recent reports suggest a growing trend of young men dropping out of the workforce entirely, signaling deep-rooted issues. Any further inflation may push things to a breaking point.
Ludwig von Mises often warned about unchecked government expansion—once the spiral begins, it’s hard to stop.
Hard to disagree with that position. What does it mean for your price prediction (on which you’ve been notably silent! 😁)