Bitcoin’s consistent issuance schedule makes it a consistent asset in times of inconsistent monetary policy. It will outlast any of the Federal Reserve’s plans.
This is an opinion editorial by Adam Taha, a host of a Bitcoin podcast in Arabic and a contributor at Bitcoin Magazine.
Luna’s infamous collapse was followed by an implosion at Celsius, then suddenly Tron showed hints of demise and now Three Arrows Capital is in deep financial trouble. No one knows who’s next, but one thing is certain: more pain is coming. Current market conditions are revealing capital and technological problems in the cryptocurrency world. Things are not good in the Web3-hood.