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The real bearish case for Bitcoin is one that is often overlooked by investors and traders. While the cryptocurrency has seen tremendous growth over the past few years, there are still a number of risks associated with it that could lead to a significant decline in its value.
First, Bitcoin is a highly volatile asset. Its price can swing wildly in a matter of minutes, and it is not uncommon for it to lose 10% or more of its value in a single day. This makes it a risky investment, and one that could lead to significant losses if not managed properly.
Second, Bitcoin is still a relatively new asset, and its long-term prospects are still uncertain. While it has seen tremendous growth in recent years, it is still unclear how it will fare in the future. There are a number of potential risks that could lead to a significant decline in its value, such as government regulation, competition from other cryptocurrencies, and technological advances that could make it obsolete.
Third, Bitcoin is still largely unregulated. This means that there is no central authority overseeing its use, and it is vulnerable to manipulation and fraud. This could lead to a significant decline in its value if investors lose confidence in the asset.
Finally, Bitcoin is still largely untested. While it has seen tremendous growth in recent years, it is still unclear how it will fare in the long-term. There are a number of potential risks that could lead to a significant decline in its value, such as government regulation, competition from other cryptocurrencies, and technological advances that could make it obsolete.
For these reasons, it is important for investors to be aware of the real bearish case for Bitcoin before investing in it. While it has seen tremendous growth in recent years, there are still a number of risks associated with it that could lead to a significant decline in its value. As such, it is important to do your research and understand the risks before investing in Bitcoin.
What if instead of a truly equal system of trade, we put YOU in charge of keeping everything fair, OP? Would you be happy then?
The elites don’t have a choice. The rules are laid out in code and enforced by the protocol. They can bitch, moan, change laws, make new laws. Bitcoin doesn’t care.
It’s an iterative prisoners dilemma. Nobody has to “accept” it, they just have to recognize that it’s better to get there first. Bitcoin wasn’t created to redistribute wealth equitably. It was created to take the printing press away from the Political/Banker class. And they’re scared. So it’s working.