Post
Topic
Board Economics
Merits 1 from 1 user
Re: Bitcoin Too Big to Die? Effect of "strategic reserves" on bear markets
by
Lucius
on 22/08/2025, 13:42:14 UTC
⭐ Merited by d5000 (1)
~snip~
Thus: Is Bitcoin now "too big to die"? Could this accelerate the volatility reduction we're already witnessing, and finally pave the road to make it a more stable and "solid" asset, and a true gold competitor?


My opinion is that there will always be those who will take every opportunity to write something bad about Bitcoin, whether it's people who attack all new technology or those who are paid to attack BTC. The former are useless rats anyway who believe that the earth is flat and that dinosaurs live on some tropical island somewhere - while the latter are much more dangerous because they have much greater resources to spread their articles wherever they want.

In addition, I think that these big players who talk positively about Bitcoin today are playing a double game, on the one hand they are trying to use the opportunity to earn a lot of money, and on the other hand they are trying to kill the idea that Bitcoin is a currency because it does not suit them at all.

Accordingly, I don't think volatility will disappear because it is the main factor in the game - it brings profit and at the same time sends the message that Bitcoin is not suitable as a currency.