Yes, BTC has fallen around 40% from its all time high. But do you know what else has fallen even further? The US Dollar!
Since 1980, the purchasing power of $1 USD has fallen by 74.55% Yet unlike BTC, there is never a new ATH, never a time in the future where $1 USD will buy you more than it did 4 years prior.
To anyone who thinks BTC is “dead” because of a temporary fall in value, ask yourself this, what is endless quantitative easing and money printing doing to the value of your fiat money?
There is a fixed 21 million BTC cap, there will never be a cap on how many dollars are in circulation…
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