I’m not saying bitcoin will drop 70-80% (although anything it possible). I’m saying bitcoin is a free market and if the market conditions are right for a correction in price, there’s no government to bail it out. When the stock market starts to correct or go into a borderline recession, the government lowers interest rates and funds programs to rescue the market. Peruvian bull is insinuating that if the stock market continues to drop, the gov will save it through monetary debasement (I.e orange coin go up). One thing presidents and politicians love to point at is how good the stock market is doing. It’s a scoreboard for them.