Next scheduled rescrape ... never
18/06/2025, 01:57:22 UTC POST DELETED
Original archived Re: Have We Passed the Point of No Return?
Scraped on 11/06/2025, 01:57:18 UTC
Economics and sentiment now control how people view Bitcoin, in comparison to conspiracy and stigma. If Bitcoin crashes 50%+ over the coming month, "it is a ponzi scheme" will be in the air again. If monetary policy continues to get worse and Bitcoin benefits from that, sentiment will follow that event. Are we past the point of no return? Yes, in the sense that not knowing or being uncertain about Bitcoin's future might not be entirely reasonable anymore. Does that mean sentiment will be good permanently from now on? Probably not.
I think I don't need to speculate anything on fiat currencies, their inflations and how people will be affected by fiat currency inflation with more or less problems from economies over the world. Governments and central banks in all nations are the same as they'd prefer to print as much more money as possible. More fresh money from printing can help policy-makers to boost economy in short term, create positive feelings among the crowd and buy them more votes for political benefit.

Unfortunately in long term, this printing habit from central banks under request of governments only make inflation worse and worse. The most vulnerable victims of inflationary issues are citizens, not government's President and other policy-makers at nationwide or globalwide scales.