NOT!!!

hahaha.

Ya, even if there are some reasons why hedge fund managers will buy Bitcoin more when emerging markets do well..

Stuff like that doesn't have a real sway on the price. Bitcoin can be wonky to think about, but if you take some different asset, like the price of corn...

If hedge fund money poured into it for some tangential reason that had nothing to do with the fundamentals of corn, then the smart money would know to sell or short to off-set it.

So hedge fund tricks, or anything that causes random buying pressure (or random selling pressure), doesn't necessarily hold as impacting the price.

The fundamentals is what really drives it.

I truly believe though that crypto will yield profits to those who hodlr for at least 8-9 years. Don’t ask me where or how I came up with that number, haha. All major companies like amazon, Microsoft, or Apple did not become dominant over night.

Ya! I think I've heard disruptive technologies take about 10 years to really get going. Like AOL in the '90s, then about 10 years later you start to have Facebook and YouTube and the internet as we know it.

So we're probably getting close to the point where Bitcoin can be practical and useful.

And the first use cases won't be in the West. But in economies with shakier currencies and more need for it.

And currency issues will hit the West at some point too, if they don't back them up in Bitcoin before that. :p