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The Anti-Bitcoin Bubble Is About to Burst

More and more Bitcoin’s opponents are finally becoming pragmatic.

Sylvain Saurel
Jul 5 · 7 min read

The anti-Bitcoin bubble has been growing steadily in recent years

Donald Trump, the President of the United States, tweeted in July 2019 that Bitcoin was worthless because it was created out of thin air.

Bitcoin price exceeded $10,000 on June 22, 2019, before reaching $13,000 at the end of the month.


Bitcoin always comes out stronger from all the attacks it receives

This behavior of governments, banks, and economists has created a bubble in the Bitcoin world.


Bitcoin is attacked with false arguments

Bitcoin is hard-capped, and there will never be more than 21 million units created.


The 2020 economic crisis is a turning point for Bitcoin’s opponents

In this context, Paul Tudor Jones explained that he chose Bitcoin as the fastest horse in the race for profits in 2020.


Entering the Bitcoin world becomes an obligation in 2020

Grayscale has thus purchased for its customers more Bitcoins than the supply of new Bitcoins produced since the third Halving which took place on May 11th, 2020.

Conclusion

It indicates that the anti-Bitcoin bubble is about to burst.


In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers…

Sylvain Saurel

Written by

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://www.inbitcoinwetrust.net

In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers share their ideas about the upcoming revolution. Blockchain and cryptocurrencies are also covered in this publication.

Sylvain Saurel

Written by

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://www.inbitcoinwetrust.net

In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers share their ideas about the upcoming revolution. Blockchain and cryptocurrencies are also covered in this publication.

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