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@ Ben Justman🍷
2025-06-08 17:26:55
This Cycle is Different.
They've all been different.
But this one feels especially so.
This open-source game of sat stacking has almost a completely new field of players so its starting to feel like a different game.
It's not.
https://blossom.primal.net/db0b74fe3d19b56e120a6676b5127b3065f0dc8549dcbb376a4c3d1946895199.jpg
Yes Bitcoin is becoming a global asset. Its leveling up and its correlation with Global M2 has me praying to the chart gods at times.
But just like before, this model will fail.
"Bitcoin is the best expression of currency debasement" - nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc
Truth, but remember that M2 is just fiat money. That doesn't count the monetary premium we've put on Houses, Pokemon Cards, Wine or Art.
All of our models will fail. There's simply no way to factor in all the elements of the infinitely complex system we either call society or nature.
I learned my lesson last cycle. I'm a veteran now and I definitely know how to time the top (in my dreams).
Be careful Anon, the upside failure is coming