First of all, it is clear that Bitcoin, with its promises of a decentralized network, financial independence, and everything it promised to represent, is indeed materializing. However, it is undeniable that some phenomena are repeatedly occurring: strong rises and strong falls, without proper contextualization, which leads us to believe that it might be used as a "slush fund" for the planet. It would be like a kind of search for liquidity, due to the fact that it has immediate liquidity; it is basically where any market that suffers from imbalance rushes to resolve it, aiming for this, large companies and big businessmen are increasingly seeking it as a "store of value," but it does not seem that way, but rather as immediate liquidity. In this sense, I believe that as long as $btc has this active function, it will continue full steam ahead. Therefore, I can affirm that it is not a bubble; however, it has failed, as its intention from the beginning was to create a decentralization of world capital and distribution of a store of value for many. However, few hold almost all of the majority of $btc, and every day they accumulate more. With this, they become price controllers, the famous "whales," able to direct the price according to their mere interests, turning Bitcoin, once a promise of an independent market, into an asset that moves according to the interests of a few, #michaelsaylor would say!
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