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'Bitcoiners' celebrating low prices as a buying opportunity, and high prices as a selling opportunity, are misguided and unaware of what it will take to see Bitcoin lift off to wider adoption. Riding sats up and fiat down is an infinite loop. It is Bitcoin trying and failing to cross The Chasm as a credible technological and monetary asset. The definition of insanity is doing the same thing over and over and hoping for a different outcome.

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