Is it a good thing that bitcoin ISN’T being held by nation-states?A month in- where are we at?

As last week’s article more thoroughly laid out, we’re currently in the midst of the single-worst energy crisis of not only our lifetimes, but in world history [IEA]. That crisis is coming as the result of a full-blown regional war in the Middle East.

Not knowing anything other than that, one would expect oil (given the fundamentals of the situation) would be expected to be in the $150 area and neutral reserve assets like gold should be strong, the stock market to be down massively and Bitcoin, not-yet widely adopted as a neutral reserve asset, would likely be quite weak given its high beta to…

Read more on Benzinga