Only looking at #Bitcoin price in…

Only looking at #Bitcoin price in fiat currencies is very misleading bc governments and institutions can manipulate it in the short run bc it’s their system. Just look what happens to #Gold.

Rather study fundamentals (hash rate, block time, diff adj) and rate of adoption.

This post and comments are published on Nostr.
Carl B Menger

Carl B Menger

Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/