The great bitcoin decoupling has begun
A discussion based on a tweet from Dylan LeClair
No supply chain risk
No jurisdictional risk
No earnings risk
No debasement risk
No credit risk
No counterparty risk
Bitcoin is the least risky asset that exists
The market just hasn't figured it out yet
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I would say there definitely is jurisdictional risk.
How so?
Kyc/aml laws.
Arduous Taxation and reporting requirements.
Jurisdictions that have policies against “unhosted bitcoin wallets”
Chinas outright ban on mining.
I know this does not affect the actual network, but hard to say that the individuals participating don’t hav jurisdictional risk.
Right but it still wouldn't stop you from leaving the country with your bitcoin.
