Bullshit. The price increase brings in normies, the price drop forms Bitcoiners. Almost everyone comes for the gains and stays for the technology/sovereignty/...
It all depends on the probabilities you assign to those two binary outcomes. If you say it either wins or loses (50/50 or close to) then yes, it's the most asymmetric bet in human history. I also live in this camp.
Notes by Honey ₿adger ⚡ | export