It's interesting how BTC followed the stock market almost 1:1 IOW as a risk on investment more than a safe haven and dollar alternative but now that banks are in trouble it appears to be functioning in the way that it was meant, as a fiat alternative. You are right, John, that the only way this will be derailed is through regulation and obviously the MIBC is desperately committed to blocking it. It really is a war between the dollar, gold/silver, and BTC as the system starts to destabilize.
As mentioned in my previous comment, Government will try to block crypto by cutting off fiat onramp/offramp. This is happening in USA already. As a matter of fact, physical PM holdings will be banned in the future too as the only asset allow to be hold by any individual is CBDC. You will be monitored & penalized if you did something wrong against the Green agenda by WEF.
Blockchain/triple entry ledger is self-regulating. External regulation is unenforceable. BTC will continue producing blocks with or without regulation.
It's interesting how BTC followed the stock market almost 1:1 IOW as a risk on investment more than a safe haven and dollar alternative but now that banks are in trouble it appears to be functioning in the way that it was meant, as a fiat alternative. You are right, John, that the only way this will be derailed is through regulation and obviously the MIBC is desperately committed to blocking it. It really is a war between the dollar, gold/silver, and BTC as the system starts to destabilize.
As mentioned in my previous comment, Government will try to block crypto by cutting off fiat onramp/offramp. This is happening in USA already. As a matter of fact, physical PM holdings will be banned in the future too as the only asset allow to be hold by any individual is CBDC. You will be monitored & penalized if you did something wrong against the Green agenda by WEF.
Blockchain/triple entry ledger is self-regulating. External regulation is unenforceable. BTC will continue producing blocks with or without regulation.