INTERESTING OBSERVATION π§΅:
The higher #bitcoin rises in USD terms, the higher the level of "dumb" from its naysaying no-coiners.
I have been dealing with "dumb" since I began publicly espousing the virtues of #btc when it was as low as $3,800. But what I've noticed is that the level of stupid back at $6,300 is not the same as the level at $63,000. Today's dumb is just dumber.
This makes sense when you think about it, though. Let me explain. Doubting the value of #btc today:
- after it has more than 10xed on you;
- after it's outperformed every asset class;
- after regulatory clarity;
- after spot ETF approvals in the US;
- after the start of real institutional adoption;
- after small nation state adoption;
- after FASB rule changes:
- after the start of corporate treasury adoption;
- after #btc miners going public;
- after MSTRβs mega success w/ a BTC strategy;
- after transacting more than Visa & MasterC;
- after U.S. presidential election relevance, andΒ
- after watching me win over and over and overΒ
(just thought I'd add that one π);
You have to be EXTRA dumb to doubt it today. At #BTC $6,300, noneΒ of these things really existed. Today at #BTC $63,000 you have them all.
MY MAIN POINT
Stupidity regarding #bitcoin will only rise. It won't fall, simply because as #BTC proves itself more and more; it requires a higher level of "dumb" to deny it. In other words, the rise of your wealth will coincide in lock step with the rise of stupidity. And as my dad used to say, βYou can't fix stupid.β
#stackharder
