I couldn’t be more bullish about crypto as a whole and Bitcoin this week. The collapse of SVB among others and our government’s willingness to bail banks out with billions (even up to $2 Trillion) shows that we are not even entertaining a situation where the dollar doesn’t inflate.
Meanwhile, as the banks are collapsing money flows into Bitcoin and crypto. Maybe it’s more adoption or maybe it’s speculation. Why? Well you can’t influx $2 trillion worth or Bitcoin into the market.
Bitcoin will cap at 21 million and no matter what the US thinks you can’t get any more. It will only become a more valuable asset and in any volatile market, a store of value.
I hope to keep accumulating, and hope you do too. We are still early, and the best of the bulls is yet to come one of these days.
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