Kosta Ouzas reflects on the role of market bubbles in Bitcoin's history, noting that many participants first join during a bubble and that an important dynamic is how many of those initial entrants remain involved by the next bubble. He frames cycles and bubbles as significant drivers of attention and participation in Bitcoin.
Just something about the bubbles I think is interesting that, you know, at the end of the day, I think bubbles, though, you know, I'm here because of a bubble, right? I don't know if you are, but everyone, I think starts during a bubble. And then at the end of the bubble, it's how many of those people that started then stick around for the next bubble. Right? That's always. So the cycles do play a really important role. I think that is secondary. But at the same time, like, if we don't have these, these moments in bitcoin's history, that gets a lot of attention.
