Bear markets come and go, so do bull markets.
Bitcoin is a decentralised immutable ledger for the world which is the biggest threat to the establishment as it prevents them from cooking the books as they see fit.
Ask any accountant how groundbreaking this technology is, the world hasn’t moved on since the early forms of accounting created thousands of years BC, this evolution is seriously disrupting how money is used.
The whole intrinsic value is a fallacy, all currency used today has no intrinsic value, it is propped up in the belief it does by billions of people, it’s the same with crypto and gold, if enough people believe it has value then it does, the world order is built on myths, see the religion thread.
This is the period where the whales become richer, the transfer of wealth cycle continues
