"It takes two nudges to convert a nocoiner. The vast majority of people got their very first nudge in 2017. These people are now primed for that second nudge, which is coming in roaring." - Eric Wall
The new bull market is coming in hot, but it feels very different from previous cycles. What is it exactly? Can we see it in the data? Is this another FOMO, retail speculative buy in? Or is this something bigger? Listen to today's read from the Arcane Research blog of "Eric's November Thoughts" about what the foundations of this bull run are, and why this time, might actually be a little different.
Check out the original and follow Eric at the links below:
https://research.arcane.no/blog/erics-november-thoughts
https://twitter.com/ercwl
And for the excellently bullish thread covered during the Guy's Take section, check it out below:
https://twitter.com/AnthonyDessauer/status/1328552929083621377?s=20
• For an awesome mobile wallet be sure to check out our sponsor, Hexa Wallet at guyswann.com/hexa
• And for a simple, secure, open source hardware wallet, BitBox is the way to go by ShiftCrypto. Check it at guyswann.com/bitbox
“At the core of economists’ fallacy is the belief that money is money by decree (because the state and its expert economists say so),...
"While many of the innovations in the space are new, they’re built on decades of work that led to this point. By tracing this...
"To state it plainly: Bitcoin is a momentous monetary innovation enabling a new mode of non-nation-state human organization, a “purified” form of capitalism free...