Don’t you think the Chinese are equally cooked? The Western governments would certainly be at a loss without the best money but I’m ok with that as long as the majority of bitcoin is held by individuals.
Discussion
TLDR; No. 🤔
Both the US & China are going through massive economic turmoil which will certainly result in contractions for both, but China isn't shooting themselves in the foot by dumping the hardest asset they own. 🤷♂️
The bigger stack bounces back. 🤙
It’s going to be very interesting to watch how it pans out. I’ll try to keep my stack as big as possible while it unfolds.