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What about? ...
Nope, the truth is that BTC trading price no more reflects its true value.
Nvidia (and what not) may be past similar situations, but instead overvalued (or maybe better: overpriced).
That bananas-apples comparison is meaningless.
As BTC increasingly decouples from the economic situation, it is still undervalued AND underpriced, though the undervalued part improved significantly, while price wasn't following. I mean, c'mon. If i can see this, you can see it too. This or i'm completely stupid.
Sure, we all can "think positive" about what's happening around Bitcoin.
I mean, what would Satoshi say to all this, watching the banks and financial elites grabbing masses of BTC without moving the price (shifting the value) while the spot market's life and liquidity is getting milked out by the same institutions? Do you think he would be positive?
I am not an evangelist, but there definitely is this ethical edge, isn't it?
EDIT: I didn't even touch that usability topic (yet)!
Oh, and where was adoption, outside of El Salvador? We're in the middle of a bullrun, come the fuck on!
Sure, WAGMI, but is that really everything to it? I don't think Bitcoin can live off greed only.
Ey man i just see this, thanks for your extensive response.
Well if we go into that side of the history i agree with you 100% , its not a good sing for us to see the same corrupt and powerfull system again behind us or better to say with us into the BTC, i always think philosophically talking we ""lose"" part of the fight. But we can also say a part still in us and his our power over some cores, and plus now they dont and cant own the BTC, we know how is create, how much it is, etc etc.
About the no correlation between the price and true value, yes but since the BTC become the norm i think is gonna be more and more attached to the normal economic fluctation and we cant do anything about and i also think is the normal pathway in someway.
About usability...... i have a very very special opinion about that, and a lot of people is gonna kill me for what im gonna say, but for me BTC cant be the coin for the day to day transactions. I have a few arguments since his proper tecnology the way was build and the Gresham law.
PS: Sorry for me poor english and maybe in some sentences (in the 100%) i lack semantics.