Thread by @talkcentss

Let’s not get too excited about Bitcoin just yet.

With all this chaos and turmoil, it’s still 10% down Year to Date.

Only once #Bitcoin decouples from Traditional Finance , that is when the party will start.

Only keep nibbling in dips, now wouldn’t be the time to go all in.

With that being said,

We’ve seen the power of decentralized and permission-less systems

Ask any Russian who bought Bitcoin before their currency started imploding-they’ve effectively protected their energy by buying BTC, and are able to move it across borders upon their exit

Their is a battle between major power elites taking place.

There are many things we don’t understand.

•SWIFT systems
•euro dollar shadow banking system, •leverage
•liquidity
•dollar reserve status

We don’t know what challenging the existing status quo will be like

So one thing that we should remain cognizant of is that,

BTC captures a small market of all the available ‘money in the system’

In a system with Trillions of dollars, a $1trillion dollar market cap isn’t a threat yet.

Regulation will come, just as war came when threatened.