It's almost like bitcoin is climbing a set of stairs, unevenly sized and spaced but leading somewhere high. Three steps forward, one and half steps back, but buyers and sellers and new entrants alike become acclimatized to the new height so it both never falls as far as before and rises quicker than before.

So far so good. It just worries me to wonder what measures the fiat system will take in its bid to survive -- because crypto is rapidly rising above the threshold where it can be ignored by the powers-that-be. It is becoming a power-that-is or at least a power-that-will-be.