I don’t see any deleveraging happening. This is why we Bitcoin.
Discussion
Yep that's true, but I feel like a percentage of the population won't bitcoin and will go bankrupt(hopefully not a large percentage).
But perhaps that's just natures way of balancing.
There will be a lot of variability in outcomes if we have a true collapse. My bet is on bitcoiners being the victors but I am constantly challenging that belief but not changing it. At least since 2018.