I held this viewpoint until last week but now I'm questioning it because of a couple things ... I think early retail is here

-Google search trends for Bitcoin last week looked like big bull markets
-crypto exploded up and it had been tame 

maybe less meaningful this time around with a 3 trillion market cap but maybe not ... reflexivity may amplify retail  

 I get what you're saying, but even all that trash meme coin frenzy on Solana is VC money, not retail. Google searches and other "social indicators" don't change the fact that people are broke AF. The only way I see "retail" coming back is boomers through ETFs. 

 I hear ya and I think a big portion of the US is broke and there's a big portion that is doing better than ever. I've had more people ask about bitcoin this week than over the past year. So the wealthy part of retail is here. 

I don't know, it's all speculation but I'm having fun watching it