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Exactly and how bitconers laugh and dunk on bitcoin treasury companies because they lost 99% of their fiat price. But yet those same very companies have a massive stack of Bitcoin that none of will ever achieve.
The market is mis-pricing bitcoin on mass.
Thus Bitcoin treasury companies sold off.
In a post Bitcoin world people will still need credit to try and solve problems and return a profit for doing so.
I think certain bitcoiners are motivated by hatred for the current system. It's understandable, but it would be nice if they could move beyond that. I feel the same way about a lot of socialists... they hate the system, which is understandable, but I wish they'd dive deeper in their thinking beyond hate, and instead thinking about the different parts of the system and where it's good and where it's bad.