A sharp BTC price decline makes sense: there's a genuine risk the Russia/Ukraine war results in significant effort to shutdown Bitcoin under the guise it is supporting Russia.
Don't think Bitcoin's ability to resist government pressure is infinite. Both Russia and the US have the technical capability to destroy civilization itself... This is a question of how the politics evolves.
@pete I wouldn’t call -7% a sharp decline. It’s a dip for ants so far
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@lucash_dev Hmm? That's just the market saying the risk of ruin is in the single digit percentage, basically. Which feels about right.
