Dan Blues retweetledi

Not what I said. First. I sold it before the war started. My lowest sales price was 88k. Started in the 120s.
I applied the same logic i do to stocks. If my thesis doesn't hold. Sell.
The btc thesis was that it was a hedge against diat currency failing. It was a hedge against world economic instability.
Under that logic btc should be setting new highs.
Instead it now trades as a risk on asset. That's not what btc was meant to be. At least not IMO
And who knows how much of the price is Saylor propping it up
Even the maxis haven't been as loud.
I'm not saying it goes to zero. I'm saying it's whole value is built on supply and demand, with a little premium for payments
That's not why I bought it
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