Quoting #[0]

"Bitcoin's price in dollars might be it's least interesting aspect"

I'm gonna have to disagree. After watching this week's rally, I think BTCUSD is the purest signal there is in measuring the public's confidence in the legacy centralized financial system. By this I mean, central banks, the banking system at large, and centralized crypto exchanges.

Just like FTX's collapse signaled a lack of confidence in centralized exchange and custody, last week's rally signaled lack of confidence in tradfi.