Thread by @TheBubbleBubble

My thoughts on Bitcoin breaking above $50k: there’s virtually no limit to how high it can go.

Once you’re in uncharted territory like this and euphoria is fueling it, expect to see some wonky things.

I don’t think it’s a good idea for everyday people to chase it at this point.

Bitcoin has long been on my list of favorite alternative investments, but I’ve never been a fanatic like much of the HODLer community.

I rarely develop a religious fervor for things aside from basic principles like liberty, free markets, etc.

https://twitter.com/TheBubbleBubble/status/1131971143139811331?s=20

My rarely developing a religious fervor also applies to political leaders.

I find the Trump personality cult to be very bizarre.

He simply wasn’t a good leader. He didn’t stick to core conservative principles like limited gov’t, sound money, and free markets.

What turns me off from much of the Bitcoin community is how cult-like it is.

They don’t have much tolerance for someone like myself who is a sympathizer, but not a fanatic.

I still have so many questions about Bitcoin that bother me, like “Who Is Satoshi?” It’s a little shady.

I have serious concerns about Bitcoin that I still don’t feel are being adequately and cogently addressed ->

https://twitter.com/TheBubbleBubble/status/1358526808778498049?s=20

Also, as someone who is in the midst of an electrical grid crisis, it raises serious concerns about how reliant you are on the grid when your wealth is tied up in Bitcoin.

You don’t have that problem with gold & silver. There are benefits to having them in physical form.

Also, there’s the Tether question ->

https://twitter.com/SamBlak65731531/status/1362242155511603202?s=20