Again, BTC passed the 1st test: Scale. 2nd Test: UA war validates its utility. But it also confirmed the 1st criticism: it performs like every other risk-on asset under duress. But, can it survive centralized state-fiat digital? IMO yes, but only if State treasuries tolerate it.
Source date (UTC): 2022-06-08 17:32:22 UTC
Original post: https://twitter.com/i/web/status/1534589162971611137
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