Jacob King
Jacob King|Nov 04, 2025 21:57
“Bitcoin will save everyone!” Okay, but notice how during the longest government shutdown in history, rising inflation, mass layoffs, collapsing consumer confidence, surging national debt, and socialists taking over, it all comes tumbling down. Bitcoin is tightly correlated with the stock market and will crash ten times harder than everything else. It’s the single worst asset to hold during a recession. Every time in history when the economy weakens, Bitcoin loses 85–95% of its value, and it will again. The whole “store of value” or “inflation hedge” narrative was entirely fabricated by maxis. Satoshi never described Bitcoin that way, because it isn’t.(Jacob King)
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