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The market will remain crazy longer than you can remain insolvent.
by freitzkriesler2 3y ago
The market will remain crazy longer than you can remain insolvent.
- rthnbgrredf 3y agoThis. People talk about crazy valuations all the time. I hear about crazy Bitcoin valuations for years and recently AI, yet it is more likely Bitcoin will hit 100k than anything else. (My personal opinion is that BTC has a fair value of close to zero.)
- freitzkriesler2 3y agoOn BTC I absolutely agree. The value of it is directly connected to how convertible it is. And even more so, it's clearly a inflation vacuum. Without it, inflation would be much worse.