recently by New York economists questions the connection, saying bitcoin doesn't always react to macro events in a "systematic manner.""None of this should matter to crypto," says Stefan Rust, CEO of inflation data aggregator Truflation. "If you think about what bitcoin was meant to be — Satoshi Nakamoto was talking about a peer-to-peer electronic cash system."
"What drove early adoption was remittances and purchases, so much so that people spent 10,000 BTC to buy a pizza," he said.
It's a bizarre trend that would run counter to the idea of seeking safety. Per Wuckert: "It’s like taking money out of the bank in the nice part of the city and taking it to a
Bc Cramer said to sell….
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