Wholecoiner status vs Macro
Referring to my previous post:
I see signs that confirm my thesis:
Recession predictions are all over the place, claiming that the bitcoin price will go down along as many will become forced sellers.
However, people that have reached or are building towards the “wholecoiner” status, are not willing to give that up so easily. Myself included.
After all, bitcoin is unconfiscatable, nobody can take it from you no matter what. If properly stored of course: in your own wallet.
We have never seen bitcoin behave in a recession so far. I dare to claim, in case of on actual recession, it will hold up strongly because of the underestimated value of the wholecoiner status.
submitted by /u/RedWineBlackPiano