Bitcoin jumps above $60k since November 2021

cnbc.com

13 pointskoolba4 comments

Record trading volumes on the various ETFs and the inflows are insane (105,000 Bitcoin has flowed into funds during the past 30 days).

I'm sure BlackRock and ETF market makers are very pleased.

Given that HN (and SV in general) is notoriously bearish on bitcoin, I'm curious what would cause all the naysayers to reevaluate their position.

only time and guilt

An understanding of:

- how fiat currency really works

- the effects of that on the world

- the fundamental properties of an asset that make it a good money