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If Satoshi Nakamoto doesn't rescue the market, Bitcoin won't rescue the market.

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Post time 17-2-2024 22:15:34 | Show all posts |Read mode
From a conservative perspective, calling for a market rescue is akin to acting like a rogue. Satoshi Nakamoto understood that losing investors are like spoiled children, desperate to find someone else to blame for their losses. Their demands have long deviated from the notion of "where there's a grievance, there's a debtor"; they only care about their own profits. Therefore, their call for a market rescue is an attempt to harvest more innocent people, making others pay for the losses incurred in their gambling.

The path of righteousness suggests that harm should not be used to serve one's own interests. The so-called market rescue, in essence, is harvesting more impoverished individuals to subsidize a group of financial investors whose living standards far exceed the societal average. Indirectly, it's robbing the poor to benefit the rich and harvesting the entire societal subsidy pyramid for the elite controllers of listed companies.

Without Satoshi Nakamoto, there is no market rescue; without him, there is no Bitcoin. The stages of the bear market cleansing circulating in the crypto market are as follows:

Kill retail investors.
Kill whales (large holders).
Kill institutions.
Kill miners (issuers).
Kill exchanges.
Clear leverage.
Kill another wave of bottom-fishing participants. Then, confirm the bottom.
If one is caught between the stock market and Bitcoin, holding the power to control market issuance and expansion on one hand, and being unable to bear the responsibility of responding to public opinion and actively rescuing the market on the other, it is evident that the situation will be awkward. With the majority of retail investors losing more and more, their insults become more and more severe. It's inevitable.

Karl Marx once said, "The weapons of criticism (slogans and documents) cannot replace the criticism of weapons (bullets in the rifle)." In the face of real losses, even staunch supporters of laissez-faire principles must abandon their ideals of non-intervention in the free market and call for centralized authorities to come to the rescue. In reality, almost all adherence to liberalism is a pseudo-liberalism that seeks the benefits of freedom without wanting to pay the price of freedom.

In financial markets, as long as you are not the strongest, the essence of freedom is almost synonymous with being freely harvested.
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Post time 18-2-2024 09:03:51 | Show all posts
Rescuing the market is really quite challenging.
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