In light of recent bitcoin price action im reminded of the adage "the market can remain irrational longer than you can remain solvent" or some such like that. The statement it will "Eventually" bounce back doesn't mean anything on ridiculously long time horizons.

Ladies and gents lets be honest. Not everyone will use #bitcoin . Even with the power of the u.s. dollar it did not reach 100 % saturation. Be aware of that when doing your calculations of ".01 bitcoin will make you wealthy."

We all know social security is insolvent, we know it is an unnecessary level of bureaucracy. But recently it was driven homesite this fine point. If you save your money and you control it and you pass away early as least some portion of that goes to you heirs. With state controlled social security, if your heirs are adults exactly 0 of it goes to them. Mad yet?

Personally, id very much like to see capital gains on bitcoin go away. If I cant claim capital losses on dollars why do I have to pay gains on bitcoin?

Can I get on the record as saying im getting tired of bitcoin winter?