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Economic Pressures and Bitcoin's Future
This chapter explores the impact of the current economic environment on consumer spending, with a focus on high debt levels and their influence on the housing market. The conversation transitions to Bitcoin's price movements and volatility, predicting future growth based on historical cycles and advocating for dollar-cost averaging. Additionally, the chapter addresses the institutionalization of Bitcoin through ETFs, weighing their benefits against the risks of concentrated ownership and the need for self-custodianship.