RamenPanda|Nov 15, 2026 21:33
I am one of the OGs of Crypto Twitter. I joined during the 2017 ICO mania. I am now calling the death of Bitcoin.
Why bitcoin:native is dead, and over long term its price will go back to 2017 levels
1. The era of Quantitative Easing is over. Bitcoin championed the value proposition “a hedge against fiat money oversupply” . This is longer true today. The Fed hasn’t been easing since 2022. Interest rate has also gone up to pre-2008 level.
2. US authorities were able to hack and seize 127k Bitcoins by exploiting vulnerability of early age hardware wallets. “Your wallet your coin” narrative faltered.
3. By 2030, quantum computers will be able to hack Satoshi’s Bitcoin wallets. Quantum computers can reverse engineer private keys from public keys. Quantum resistant Bitcoin will need to be forked from the main chain. But hacked bitcoins can still be sold on the open market
Get out of your long term hold while price is still high
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