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Sunday, 29 January 2023

Too Much Too Fast

Bitcoins next biggest problem durring global financial crisis may be that bitcoiners make too much money too fast.

Given a strong flow to sound money, the obvious advantages of bitcoin over gold and silver and the small current market cap of bitcoin.

If people get wealthy to quickly without any work other people get jealous and feel justified in taking the supposedly ill gotten gains away. Bitcoiners need to make sure they are deserving.