Bears and Bitcoin: a hidden history

Bears and Bitcoin: a hidden history

Let me start by making a sweeping statement that is generally found to be true. 'Bulls have a positive outlook, they believe things will get better. Bears have a negative outlook, they believe things will get worse. Bulls and Bears, however, do have one thing in common, that is, that they both hate uncertainty. In order to explain why Bitcoiners should fear bears I intend to use simplistic examples, bear with me... get it?...bear... ah, forget it. Let us assume for a moment that a particular company, ACME inc., has decided to float one million ordinary shares at $1 each. Now, our investor,....


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