Cyph3rp9nk on Nostr: Uncomfortable truths learned in this cycle: - The price target was 120k, which was ...

Uncomfortable truths learned in this cycle:

- The price target was 120k, which was stated here in 2023, but once again everyone believed the charlatans who predicted 200k/300k and 1M.
- We underestimated silver and gold, myself included, despite being a former gold bug.
- Trump has deceived you all; there is no crypto revolution as such, nor is there a strategic bitcoin reserve. What there is is a stablecoin revolution, or in other words, growing demand for dollars and financing for the United States.
- For years it was said that tether was a scam, and now it turns out that tether is the key to everything and is financing the US government. Tether is not going to fall; it is the new form of financing for the US and, incidentally, tether is the most profitable company in the world.
- Monero grows stronger every time it is rejected by the system. It is a clear message, but Bitcoiners are happier with ETFs and the price suppressed through paper Bitcoin.

Bitcoiners are not as smart as you think. This year has been a good lesson in humility.