To find where you stand on the spectrum, ask yourself whether Bitcoin is just and only “savings technology,” a hard money solution to ever-inflating fiat currency? Or, is it also a platform to build fun or useful applications? For years, Bitcoin culture had been dominated by the former, in part because there wasn’t much you could do with Bitcoin.
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...