It’s important to separate value and price. Bitcoin’s *price in dollars* has gone down; it’s *value* has not gone down, if anything, it’s gone up.

It’s also important to realize that the majority of the world does not have the privilege of living in America where we can print the world’s reserve currency.

Look at Lebanon or Turkey or Nigeria or Venezuela or any number of countries where citizens have seen the value of their money—their purchasing power—cut in half overnight by an arbitrary decision by a small group of unelected bureaucrats and bankers.