Satoshi knew Bitcoin is a Veblen good. Now the gay bears say they’d be happy with a $150k top because they don’t understand Bitcoin’s TAM. They think houses and equities are priced appropriately. They don’t know what “monetary premium” means. Never even heard the names Mises or Rothbard. People who even self custody. nostr:note1pup35v49vquags96t9pypec57vxaw7tjhmme4gflfldzsxkjqu5q4mmmw0