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Friday, June 9, 2023

Incoherence

There’s a wing of the Bitcoin faction who are bullish on crypto but bearish on the US and / or global economy. Or, is it a wing of the economically bearish faction that is bullish on Bitcoin? In either case, it’s a weird mentality to have and does not at all line up with how things actually work.
Bitcoin is almost perfectly correlated with the Nasdaq 100. Growth investing is growth investing. If people are exc…

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