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 an all out nuclear war would be definitely devastating and possibly kill tens of millions or more.
But I don’t think it would be a civilization ending event by itself.
The way we reacted to a virus with 99.9% survival rate makes me wonder if we could deal with an actual global catastrophe without going back to the Stone Age though.
@lucash_dev If key industrial capacity was targeted I wouldn't be so sure about civilization surviving. Our supply chains to make critical things - like oil - are long and fragile.
@pete
And we’ve already been destroying it ourselves for two years.