I know that BTC has the backing of blackrock and institutions and 15yrs of sustained uptime and trust.
But the bull run of 2021 was a perfect storm. People were told to stay home. DEMAND GOT PENT UP. Then helicopter money rained for 2 yrs straight. Rent didn't have to be paid. Mortgages went into forbearance Student loans paused. Once in a lifetime type stuff
Retail pumped up dogecoin and every other alt you can think of. Life was good.
Outside of BTC...how can a true bullrun be sustained if cost of living is high and layoffs are ramping up??
I just dont see it. Unless theres some alts out there woth actual use case. (Which 99% have none)
What do you think?
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