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RE: Bitcoin prices won't be at the bottom until they drop down into the $4000's
Mhh interesting. I think Bitcoin will be much more violent then the the 2000 bubble and much more impactful fundamentally to society.
So I don't love the comparison. I think its fine to do when looking at the bubble, but fundamentally i think these markets will be very different as the internet was not as foundational of a technology as bitcoin.
BTC is not a foundational technology. Blockchain and distributed trustless ledgers are foundational.
Hard to believe blockchain will be bigger than the internet. Internet allowed connecting 5 billion people that were otherwise not connected. Blockchain will just cut the margin for transactional middleman that shave points in exchange for providing trust in exchanges, e.g. banks