Re: If you're hoping for economic disaster to raise price, then you're not a "bull"
1. Depending on how it plays out, it's not guaranteed that the price will rise. It might collapse instead.
Is that right?
2. Bitcoin is a high tech payment network with hundreds of use cases. Restricting it to this one use case of capital flight is pretty narrow minded and an insult to bitcoin. A real bull would want bitcoin to succeed in its own merits.
A high tech payment network capable of supporting a giant 4 transaction seconds. Please.
Who made you the high magistrate of the holy court of real bulls? Who the hell am I answering to here but if not for a Speculation forum failed chartist?
Bitcoin is the plan B. Capital flight is not narrow minded it is the cause of its existence. Satoshi created it to save us from debased currencies. Now the rate and means by which you choose to escape is only determined by the individual users. Some call it speculation, some call it store of value, alternative currency. All of this is the creation of an economy that works, a matter of fact, outside of the current financial system.
This sort of reflexion stems from the persistent egocentrism found amount "high tech payment network" derps.
3. The price would be much higher if bitcoin went mainstream in a thriving economy with government approval, rather than a negative environment with no spending and only storage. Things would be growing, and money would circulate hundreds of times faster.
Mainstream products with government approval is exactly what Bitcoin stands to deprecate. "No spending and only storage" is often referred to as savings which is the financial responsible things to do in a deflationary economy. A fantastic remedy to the consumerism disease.
What you're effectively trying to do is stick inflationary fiat bullshit on top of Bitcoin. It won't work.