Do you expect operation chokepoint to have a negative effect on the price of Bitcoin in the short or medium term? Or enough dollar rails will survive it (like recently Fidelity opening for its clients the possibility to buy bitcoin)?
Seems like author forgot to mention that eth massively outperformed btc, cementing its status as de facto settlement layer of choice for any meaningful crypto activity. Meanwhile btc showed how fragile it is and how each and every of btc maxis narratives were nothing more than memes and fishing for exit liqudity.
Do you expect operation chokepoint to have a negative effect on the price of Bitcoin in the short or medium term? Or enough dollar rails will survive it (like recently Fidelity opening for its clients the possibility to buy bitcoin)?
Seems like author forgot to mention that eth massively outperformed btc, cementing its status as de facto settlement layer of choice for any meaningful crypto activity. Meanwhile btc showed how fragile it is and how each and every of btc maxis narratives were nothing more than memes and fishing for exit liqudity.