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2023-04-19 17:39:10

muju on Nostr: This Bitcoin bull market cycle, people around the globe will come to realize that ...

This Bitcoin bull market cycle, people around the globe will come to realize that Bitcoin is here to stay. After over a decade of existence and major companies integrating Bitcoin payments, there is no turning back from this revolutionary technology.

This cycle will also bring the painful realization that rampant inflation is not a temporary issue, but a perpetual problem inherent in fiat currencies. As governments continue to print money to fund debt and deficits, the purchasing power of currencies will continue to decline. Bitcoin's fixed supply provides an escape from this cycle of currency debasement.

2023 will be the year that Bitcoin transitions from a niche technology to a mainstream global payments network. More businesses will choose to hold Bitcoin in their treasury reserves as a hedge against inflation and unstable currencies. Major companies that have already adopted Bitcoin payments will expand their offerings, and new companies will launch with Bitcoin integration at their core.

This cycle will witness the awakening of banks and financial institutions to Bitcoin‘s revolutionary technology. They will realize that this innovation threatens to displace the traditional functions they serve. Some will resist and lag, but others will embrace Bitcoin and work to build new products and services based on this scarce digital asset.

Ultimately, this year and cycle will teach the world that Bitcoin is the only solution to shattered trust in institutions, reckless government spending, and fragile economic policies. Bitcoin's security, scarcity, and borderless nature make it superior to government interventions and a crashing global monetary system. As the world continues to change in tumultuous ways, Bitcoin will shine as a steady anchor of sound money.

The future remains unwritten, but this cycle will prove catalytic in ushering in a new monetary order built on Bitcoin.

Study #Bitcoin.

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