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Yeah. If someone wants to do a levered bet on tech, they should. This is essentially what Cathie Wood is selling. So let's just drop the BS.

Peter Thiel gave a speech at a Bitcoin conference a few months back where he explained Bitcoin price movement resembling a levered tech stock. And I'll say, it makes a lot of sense and dispels the whole idea of Bitcoin being an inflation hedge.

https://www.youtube.com/watch?v=ko6K82pXcPA



Bitcoin is not backed by any fundamental at all. Any movement up or down is pure speculation.




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