wet on Nostr: Sounds good. But these leaks, as well as the constant corrections following the ...

Sounds good. But these leaks, as well as the constant corrections following the inflation data, show that btc, like all crypto, continues to be a purely speculative game in which pro players trick kittens by teasing them with a piece of paper on a string. And this once again shows that the world has not yet matured to accept the true functions of cryptography and begin to use it for its intended purpose; society is still the same downtrodden creatures, absorbing the news feed and hiding under mattresses at the first panicky news releases.

The mission is not completed: the man is still the same slave, afraid of freedom and independence, who continues to live off the grub of his masters.

quoting note1ntp…9fj9

Iran just sent drones at Israel, currently en route, so multiple countries in the region are closing airspace, announcing states of emergency, preparing airspace defense systems, etc.

Most financial markets are closed, so crypto is basically the only place with liquidity for the market to express its view on whether this will result in serious damage and geopolitical escalation.

Bitcoin sharply down from $66k to $62k on the headlines, most other cryptos down more. Paxos Gold (a gold-backed stablecoin) had a huge spike from $2400 to $3000 but it is coming down now. Leveraged liquidations can distort the initial magnitude here.

Sad day; hopefully calmer minds prevail and de-escalate.