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𝚋𝚒𝚝𝚌𝚘𝚒𝚗 𝚊𝚗𝚍 𝚝𝚑𝚎 𝚑𝚞𝚖𝚊𝚗 𝚙𝚛𝚘𝚋𝚕𝚎𝚖.

𝚠𝚑𝚢 𝚌𝚎𝚛𝚝𝚊𝚒𝚗𝚝𝚢 𝚋𝚛𝚎𝚊𝚔𝚜 𝚞𝚜 𝚋𝚎𝚏𝚘𝚛𝚎 𝚙𝚛𝚒𝚌𝚎 𝚍𝚘𝚎𝚜.

apologies, not sure the source of the gremlin in the sound. subtitles are sound. pardon pun.

bitcoin is down more than fifty percent from its high, and that fact alone is not even the bad news. historically, it usually gets worse. seventy percent drawdowns. eighty percent. this is not an anomaly, it is the pattern. the real question however is not why bitcoin does this, but why we keep pretending that this time will be different for us.

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