one underrated reason to be bullish for the next crypto cycle is the current US political situation

hard to imagine a 2024 election where one side doesn't completely deny the voting results

I'd assume US dollar confidence takes a major hit and people search for alternative monetary asset exposure

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all of the success conditions for crypto are seemingly triggered by the world going to shit. makes u think

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abandoning the inefficient, outdated, two party political system in the US needs to happen at some point

I don't view it as the world going to shit, I view it as crypto thriving in the evolving global political reality it was built for

What I’m hearing is “I don’t care how painful things get because I feel my fake internet money makes me well positioned to thrive in the chaos” lol

I am mindful people all over the world are using crypto rails not to access bitcoin or ether or bonk but the good old fashioned USD. Dollar devaluation would be extremely massively unpleasant. My BTC going up in value as a result would be a bitter win

Your OP made it seem like you’re cheering on the devaluation of the dollar, political polarization, and the erosion of democracy just so ur bags could go up. “Bullish” — if it comes out to a wash like u say in your last cast, that’s not bullish at all. That’s simply enabling ur survival….

I don't at all, I'm realistic enough to understand the gains from this scenario will probably be offset by how bad things will eventually get in the US

but I am still thankful that I have some sort of escape valve for holding value in an asset that isn't tied to the whims of political regimes