Think we need to get rid of this binary concept of traditional Bitcoin Bull/Bear markets.
Too many people trying to project the past onto the future, instead of imagining what the future looks like.
- CZ starves FTX of revenue with 0% trading fees on Binance attracting volume from FTX
- CZ shoots headshot by publicly announcing FTT concerns causing a bank run on FTX and decline in FTT price
- FTX unable to cover holes in balance sheet
- CZ acquires FTX
Thanks for playing.
IMF worried other countries will follow El Salvador.
Quite bullish that they take Bitcoin that seriously and are worried about the domino effect of nation-state adoption.