ATH in multiple countries

Bitcoin is still ~50% below the previous all time high of ~$69K, and nevertheless it is reaching new highs in with respect to different currencies; Argentina, Egypt, Laos, Lebanon, & Turkey. This showcases two things:

1. Fiat is designed to lose value.
2. Bitcoin is designed to appreciate forever.

It is quite a self-fulfilling prophecy, since given Bitcoin's property of absolute scarcity, using an inflatable unit such as fiat, not only makes it seem that it goes forever in value, but precisely incentivises all holders of those fiat currencies to use it as a protective vehicle.

And just as we believe it is a self fulfilling prophecy, mainstream is beginning to see it too.

"I spoke with several financial advisors this week. The conversation has shifted from potentially considering a 1% allocation to bitcoin, to seriously considering a 5% allocation." – Ryan Rasmussen.