Good thoughts, very likely scenario indeed. We seem to be seeing some of the smarter ones who cashed out from the stonks pump appear to be already converting some into alts with Dogecoin being heavily pumped in the past hours. The more jump the altcoin bonanza, the more likely they will convert some or most of it into Bitcoin at some point
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Yep, I agree. Plus it furthers the idea of centralized authority having all the cards. An idea which makes bitcoin more attractive.