Money is meant to hold market actors accountable. When central banks print money, they ‘paper over’ accountability. Fiat currency is self-deception at scale. #Bitcoin is the wisdom of money.
Bitcoin anatomy 🫀
1. Halving 2. Bull run 3. Bear market 4. Pre-Halving run
(repeat 🔁)
to 1: As the block reward approaches zero, the impact of each halving on the market may diminish gradually.
to 2: The effect of the halving on the bull run has been significant in the past, with gains of 9896% ➡️3491%➡️725%➡️ ?. However, the effect may become less significant over time.
to 3: The halving has also had a significant impact on the bear market in the past, with losses of -87% ➡️-84%➡️-77%➡️ ?. However, the effect may become less severe over time.
to 4: We are currently in the pre-halving run🏃♀️, and while anything can happen, significant gains are highly likely.
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