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RE: The Banking Sector In Trouble Once Again

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@piensocrates
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The truth is that I believe that the fundamental problem is that we never learn from history, therefore, we are condemned to repeat it over and over again. This is very true in any field that we can imagine, but especially in the economic field, and the proof of this is what we are currently seeing regarding the bankruptcy of these banking institutions. Because one would think that after the financial collapse of 2008, a similar situation could never be repeated... Serious mistake.

I've always said that one of the greatest virtues of cryptocurrencies, in addition to getting us out of poverty, is the fact that they give us freedom of action and the knowledge of what we must do to be financially free; and one of the things we learn in that sense is to be responsible for what we do or don't do every step of the way with our money.

Regarding the price of Bitcoin during this 2023. I would like to be positive about it, but 2023 looks very bad, so bad that I think we can see BTC reaching levels as low as $8k. But of course I may be wrong (and I hope to be wrong in that sense).

In any case, even if Bitcoin remains in a downtrend throughout 2023, it is certain that in 2024 or 2025, we will see it in a pronounced uptrend. Because since this downtrend has been so long, it stands to reason that we would expect the opposite to be true as well, meaning that the uptrend (when ever it comes), will also be long.

I liked reading your post. Thanks for sharing, regards.

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