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by bottlepalm 1068 days ago
What are you talking about, over the last 10 years Bitcoin has gone up in value substantially, while the Dollar has lost substantial value.

Interest rates affect all asset classes as obviously people are going to start moving money one way or another when the ROI for the dollar changes.

1 comments

This site is full of people who are in a tech rat race, and the distribution has changed over time. It's now biased largely against crypto, and for reasons that I think are fairly clear:

Most of the users who would have agreed with you already got rich, because they understood the things you understand, and they don't use the site much anymore as a result (they are no longer in the rat race). They've mostly checked out.

So, because the people who remain on this site are those who never bought any, and people like to hear that they were right, the groupthink tends to be unrealistically negative about it.