Things I've been thinking about for the BTC perma bulls. Wh…

Things I've been thinking about for the BTC perma bulls.
What is stopping a catastrophic event from happening if the price were to crash now?
You have Saylor who have nothing but debt built on top of debt solely to buy BTC and he's already underwater on his average entry.
Is that not a FTX-like event happening again?
It's common sense that every whale will just rush to sell following the news/they frontrun it.
While you have another drama on BTC further damaging its reputation, Bitcoin Knots vs Bitcoin Core.
Moreover, you have a declining price and halving further decreasing the incentives to mine Bitcoins, further decreasing the decentralisation that every maxis strongly believe to have.
Yet, the permabulls still somehow believe we'll have another bullruns after the 4-year cycle finished.
For what? Only for the price to reach 200k and have another Saylor-like guy to pump that shit?
If it's really that easy the whole world would be "rich" together.
If anything, this industry as a whole will be scrutinized as a giant speculation scheme.
I think I'm already being cautiously optimistic to give such a statement here.
After that, most likely the Wallstreet and the Banks will come in to be the "saviour" and justify with their proposed regulation (already did attempted on the stablecoin yields) to have their fair share industry.
Well, there you have it.
The decentralised Web 3 we all dreamed about.