I really thought that a banking collapse and a USDC depegging would impact the price of bitcoin a little more than that.

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It will take a while for normies to see that:

bitcoin ≠ FTX

bitcoin ≠ crypto

bitcoin ≠ silver gate

bitcoin ≠ security

Bitcoin wins when we use it, NOT because we hoard it. When bitcoin serves the role that fiat was meant to, then their perceived respective values will flip.

Stay humble, stack sats, spend sats, and build on bitcoin.

Couldn’t agree more.

I just assumed that a lot more people would swap their USDC into bitcoin creating a pinch.

Or everyone would panic sell every digital asset they own - more likely scenario at this stage of adoption 😂

Great take.