yes but it does not matter, better performance
singapore is friendly to technology unlike usa
Discussion
Bitcoin has no headquarters. If you count on fiat gains then maybe you're right, but not everybody does that
i know but everything is fluid. nothing is stable in tech. it can be an advantage or it can be a disadvantage. that is why i recommend diversification into value.
when the tech bubble burst it was similar. thousands of worthless companies imploded. most never came back.
but some like microstrategy rose from the ashes and got stronger than ever before. many actually.
and no, i do not count in fiat
i count in eggs and beef and houses
in btc eggs 300% more expensive and beef 400%. houses also cost 300% more