When Bitcoin falls, by its nature, by 30% in a single day, and its market capitalization is between 4 and 8 trillion dollars, then “paper Bitcoin” will collapse, and the clearly unsustainable financial system will also crumble. Bitcoin will die for the umpteenth time, but the one that will die definitively is the established financial system. Bitcoin will recover, perhaps more slowly, to build even stronger foundations than it has now.

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