42 sats \ 1 reply \ @SatsMate 22 Jul \ on: What would a black swan event do to the Bitcoin price? bitcoin
I think this is a good take, but in a black swan it could stay suppressed for some time. Remember, Bitcoin is still technically a risk on asset at this point in time. Maybe it will diverge and trade more like a risk off asset in the future, but in the past it has traded risk on.
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21 sats \ 0 replies \ @rod OP 22 Jul
Yes, and that is why I write about current times and its adoption and validation as a safe haven asset. The risk on asset was while being demonized by banksters and politicians alike, nowadays, it seems we have more friends than detractors in the financial and political arena
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