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13% drop in 1 month.
Keiser has shifted the goal post 220k btc target for 2022 (was targeted 2021).
Prophet Michael Saylor continues his "digitital stored energy" speeches. Fact- It's neither magnetic, kinetic, static... or any other store of energy - btc consumes it.
Saylors Microstrategy's average purchase price is US 30k. Current price is 40k. What happens if his holding drops into negative and he can't buy all the mined btc by issuing/selling shares in M.strat. at a premium?
The convicted criminals behind Tether who ran a massively fractional reserve system that funded btc's most run are under ongoing investigation. note: watch Grant Williams (real vision co founder) deep dive into Tether podcast- mind blowing!
My question is -what's the true value of btc?
A few points to ponder for the objective mind or just dismiss it as fud for those with laser eyes.
