I do not see any easy way to get enough people to understand this for it to matter a lot.
Perhaps by understanding the purpose of bitcoin first, which is far more discussed, worked and therefore has more educating content. People can't just jump from not acknowledging the significance of self-custody to buying XMR. They have to firstly understand what's bitcoin, why is it important, why shouldn't the people use centralized exchanges, how transactions look like, what does it mean to run your own full node, what's chain analysis etc.
I think so. And I thin little by little this will happen naturally. I just don't see any way to really accelerate the process all that much.
As to speculation. I see us likely bouncing off 6.
Ugly. But a cooling off is in the cards. Bitcoin looks awful right now too. We will see!
As expected... But here's the thing, open interest in XMR perps is a tad more than double compared to its May 2021 highs.
You guys can check it out here: https://www.coinglass.com/BitcoinOpenInterest
Binance leads the way followed by newcomer FTX then OKex then a few other exchanges. And I think the accusation that Binance is doing some sort of naked shorting on XMR is wrong. They could do it 'legally' through perps and won't have any repercussions. No need to sell coins they don't have.