riskassetsmarketshock

let's talk about something most crypto people don't want to admit: bitcoin might have already won its biggest battle and lost its biggest opportunity at the same time.
the uncomfortable truth about bitcoin's next 10x
in my view, bitcoin no longer has the potential to increase in value by 1,000x, 100x, or even 10x. i know that sounds bearish, but hear me out.
fifteen years ago, bitcoin emerged at the perfect moment right after the 2008 financial crisis when trust in governments, banks, and fiat currencies was at historic lows. remember occupy wall street? the tea party? that was real rage. bitcoin offered something different: decentralized, scarce, and completely outside the traditional financial system.
back then, the extreme volatility (70% to 90% drawdowns, multiple times) was tolerable because it was always followed by 5x, 10x, sometimes even 100x rallies. much of this growth was driven by waves of new, highly leveraged investors attracted by returns that were literally impossible to find in traditional assets.
the discovery phase is over
today, bitcoin is widely known. your parents have heard of it. your barber has an opinion on it. that one friend who still uses a flip phone? yeah, they know what bitcoin is too.
this dramatically reduces the likelihood of massive new inflows purely from discovery. the "wait until people find out about this" narrative is dead. people found out. they either bought in or decided not to.
at the same time, investors seeking speculative upside now have alternatives: gold, silver, tech stocks like tesla, or other high-risk assets that offer more stability while satisfying the same appetite for outsized gains.
we got what we asked for (and it killed the dream)
here's the paradox that nobody wants to acknowledge:
bitcoin spent years fighting for mainstream institutional and governmental acceptance. that day has arrived.
etfs exist ✓banks offer exposure ✓regulators have frameworks ✓institutions are accumulating ✓
yet this acceptance has not translated into widespread use as a medium of exchange for goods and services. instead, financialization has deepened.
large institutions can now trade "paper bitcoin" through derivatives, potentially expanding synthetic supply through futures and short selling. the original scarcity narrative — the thing that made bitcoin special — gets diluted within the modern financial system.
"we wanted wall street to accept bitcoin. they did. then they turned it into another tradfi product."
~ every og bitcoiner, probably
so what's the path forward?
i struggle to see a clear trajectory for bitcoin under its current setup. the explosive growth phase was fueled by:
novelty (now gone)distrust in traditional systems (institutions co-opted it)extreme volatility cycles (being smoothed out by institutional participation)
now that bitcoin is widely known, institutionalized, and deeply integrated into mainstream finance, the asymmetric upside that defined its early years appears structurally harder to repeat.
the one scenario that could change everything
one potential catalyst would be genuine, large-scale adoption as a unit of account for globally traded commodities — oil, gas, strategic resources.
if major exporters began pricing and settling contracts in #bitcoin , demand would shift from speculative to transactional. that would represent a structural transformation, not just another hype cycle.
however, this would require:
geopolitical realignmentsovereign-level coordinationprice stability (the irony)
and here's where it gets really interesting...
the cruel irony: legitimacy kills volatility
paradoxically, if bitcoin achieved that level of real-economy integration, investors would have to say goodbye to the volatility that historically drove outsized returns.
a currency used for large-scale commodity settlement cannot swing 20-30% in a week without creating systemic risk. stability would become a feature, not a bug.
and while stability could validate bitcoin as infrastructure, it would also kill its appeal as a high-beta speculative asset.
in that scenario, bitcoin might mature into a low-volatility settlement layer — valuable, sure, but unlikely to deliver the exponential gains that early adopters experienced.
the identity crisis
this is bitcoin's real problem in 2026:
is it:
digital gold? (then it competes with actual gold)a payments network? (then it competes with visa/mastercard)a speculative asset? (then it competes with tech stocks)global reserve currency? (then it needs stability, killing returns)
it can't be all of these things simultaneously. and trying to be everything to everyone might mean it ends up being nothing special to anyone.
what this means for crypto broadly
if bitcoin — the flagship, the original, the most trusted — is facing this identity crisis, what does that mean for the rest of crypto?
defi promised to replace banks. instead, it became a casino.
nfts promised digital ownership. instead, they became jpgs of monkeys.
web3 promised decentralization. instead, it became vc-funded startups with tokens.
the pattern is clear: crypto gets absorbed by the system it was supposed to replace, then loses the properties that made it interesting in the first place.
the uncomfortable question
in short, the path to legitimacy and the path to extraordinary returns may no longer be the same path.
and as a result, i'm genuinely not sure what purpose bitcoin and crypto serve today beyond being another asset class for speculation.
maybe that's enough. maybe being "just another tradeable asset" is the final form.
but if that's the case, we should stop pretending it's revolutionary and just call it what it is: a speculative tech stock with better branding.
#RiskAssetsMarketShock $BTC

There’s an uncomfortable reality many investors hesitate to confront: Bitcoin may never deliver another 100x — or even 10x — return.
That statement sounds bearish. It isn’t. It’s structural.
Fifteen years ago, Bitcoin emerged at the perfect historical moment. The 2008 financial crisis shattered trust in banks, governments, and fiat systems. Movements like Occupy Wall Street reflected widespread anger toward centralized financial power. Into that chaos came Bitcoin — decentralized, scarce, borderless, and independent of institutional control.
It wasn’t just new. It was revolutionary.
Back then, brutal volatility was part of the bargain. Bitcoin routinely fell 70–90%, only to surge 5x, 10x, even 100x afterward. The asymmetry justified the pain. Early adopters weren’t just betting on price — they were betting on paradigm shift. Massive gains were fueled by discovery, skepticism toward traditional finance, and waves of speculative capital chasing returns unavailable anywhere else.
That discovery phase is now over.
Bitcoin is no longer obscure. Your parents know about it. Financial advisors discuss it. Governments regulate it. ETFs exist. Banks offer exposure. Institutions accumulate. The “wait until people discover Bitcoin” narrative has expired — people discovered it years ago.
And that changes everything.
From Rebellion to Integration
Bitcoin spent over a decade fighting for legitimacy. It won.
Spot ETFs were approved. Regulatory frameworks emerged. Institutional custody matured. Public companies hold it on balance sheets.
But legitimacy came with consequences.
Instead of becoming a widely used medium of exchange, Bitcoin became deeply financialized. Futures markets expanded. Derivatives grew. Synthetic exposure increased. “Paper Bitcoin” now trades alongside spot markets.
Ironically, the very institutions Bitcoin was meant to bypass have integrated it into the traditional financial system.
Scarcity still exists at the protocol level — 21 million coins remain the cap — but market dynamics now resemble other mature financial assets. The raw, chaotic, retail-driven cycles that once powered exponential upside are being moderated by institutional capital and risk management frameworks.
Bitcoin didn’t overthrow Wall Street.
Wall Street absorbed Bitcoin.
The Paradox of Maturity
Explosive gains are typically born in obscurity, not mainstream acceptance. Early Bitcoin thrived on novelty, ideological momentum, and extreme volatility cycles. Today, it competes in a crowded risk-asset landscape that includes tech equities, commodities, and alternative investments.
The asymmetric upside that once defined Bitcoin is structurally harder to replicate because the market cap is larger, liquidity is deeper, and price discovery is more efficient.
For Bitcoin to 10x from here would require capital inflows on a scale far beyond early-cycle conditions.
That doesn’t make it irrelevant. It makes it different.
The Only Structural Catalyst Left?
There is one scenario that could fundamentally reset the equation: sovereign-level commodity settlement.
If major oil, gas, or resource exporters began pricing contracts in Bitcoin, demand would shift from speculative to transactional. That would represent real economic integration rather than financial speculation.
But this would require:
Geopolitical realignment
Sovereign coordination
Infrastructure maturity
And, paradoxically, price stability
A global settlement layer cannot swing 20% in a week without creating systemic instability.
And here lies the irony.
If Bitcoin achieves true monetary legitimacy, volatility declines. If volatility declines, exponential speculative returns diminish. The feature that once made Bitcoin attractive to high-risk investors becomes incompatible with its evolution as infrastructure.
Legitimacy stabilizes. Stability limits upside.
Bitcoin’s Identity Crisis
In 2026, Bitcoin faces a strategic crossroads:
Is it digital gold? Then it competes with gold’s $13+ trillion market.
Is it a payment network? Then it competes with Visa and Mastercard.
Is it a high-beta risk asset? Then it competes with technology equities.
Is it a global reserve asset? Then it must prioritize stability over speculation.
It cannot fully optimize for all four simultaneously.
And attempting to be everything risks diluting what made it compelling in the first place.
What This Means for Crypto
Bitcoin’s evolution reflects a broader pattern across crypto.
DeFi aimed to disrupt banks — it became yield speculation. NFTs promised digital property rights — they became collectible hype cycles. Web3 pledged decentralization — it attracted venture capital tokenization.
Time and again, crypto innovations are absorbed into existing financial structures rather than replacing them.
Perhaps that was inevitable.
The Uncomfortable Conclusion
The path to legitimacy and the path to extraordinary returns may now diverge.
Bitcoin may mature into a durable, lower-pvolatility macro asset — a hedge, a settlement layer, a portfolio diversifier.
But it may no longer be the asymmetric wealth generator of its early years.
Maybe that’s not failure. Maybe it’s evolution.
But if Bitcoin’s final form is simply “another institutional-grade risk asset,” then we should evaluate it accordingly — not as a revolution in waiting, but as a maturing component of the global financial system.
And that may be the most uncomfortable truth of all.
#RiskAssetsMarketShock $BTC

If you’ve checked your portfolio lately, you’ve probably felt that familiar knot in your stomach. The crypto market has been on a wild ride, and right now, we’re navigating a sharp reality check. After Bitcoin's massive peak above $126,000 back in October 2025, we’ve seen it slide back into the $60,000–$70,000 range.
For many, this feels like the start of a new "crypto winter." But while the numbers on the screen are red, understanding the why behind the drop is the first step toward staying rational when everyone else is panic-selling.

1. What’s Actually Dragging Prices Down?
This isn't just a random dip,it’s a perfect storm of institutional shifts and global "big picture" economics:
The ETF Reversal:
For the last two years, Spot Bitcoin ETFs were the engine driving the bull market. Recently, that engine started running in reverse. Between November 2025 and January 2026, we saw billions exit these funds. When ETF investors pull out, the funds have to sell the underlying Bitcoin, creating a massive, sustained "sell" button that’s hard to ignore.

The Hangover from 2025:
We’re still feeling the aftershocks of the October flash crash. That event triggered a wave of deleveraging that has been slow to heal.

The "Real World" Economy:
Crypto doesn't live in a vacuum anymore. With a strong US Dollar, high Treasury yields, and a hawkish Fed, investors are moving money out of "risky" assets like crypto and back into "safe" traditional havens.

Forced Selling:
It’s a domino effect. As prices drop, traders using leverage get liquidated, which pushes prices lower, which triggers more liquidations. Even miners and corporate treasuries have had to sell off chunks of their holdings to stay liquid.

2. The Institutional Double-Edged Sword
One of the biggest lessons of 2026 is that crypto is now deeply "Financialized." Big players like BlackRock, Fidelity, and various pension funds brought legitimacy and huge capital to the space, but they also brought their habits. When global markets get shaky, these institutions "de-risk" meaning they sell crypto just like they sell tech stocks.

My point of view, Bitcoin is currently behaving more like a high-octane tech stock than "digital gold." We’re seeing a shift where institutional flows now dictate the market's pulse more than retail hype.

3. How Beginners Get Burned (And How to Avoid It)
When the charts go vertical (in the wrong direction), beginners usually fall into the same three traps:
Panic Selling: Selling at the bottom turns a "paper loss" into a permanent one.
Over-Leveraging: Trying to "win it all back" with 10x leverage usually results in your account hitting zero.
The "Lotto" Mentality: Buying random coins because they are "cheap" without researching the tech or the team.

#RiskAssetsMarketShock

Bitcoin touched $65,000… and the world barely blinked.
No retail frenzy.
No mainstream hysteria.
No “this time is different” mania.
And that silence might be more important than the price itself.
Let’s talk about something most crypto people don’t want to admit:
Bitcoin may have already won its biggest battle — and lost its biggest opportunity at the same time.
The Uncomfortable Truth About Bitcoin’s Next 10x
In my view, Bitcoin no longer has the structural setup for a 1,000x, 100x — or even a clean 10x.
That sounds bearish. It isn’t.
It’s structural.
Fifteen years ago, Bitcoin emerged at the perfect moment — right after the 2008 financial crisis. Trust in governments, banks, and fiat currencies was collapsing.
Occupy Wall Street.
The Tea Party.
Global anger at the system.
Bitcoin offered something radically different:
Decentralized
Scarce
Outside the financial system
Back then, 70–90% drawdowns were tolerable because they were followed by 5x, 10x, sometimes 100x rallies.
The volatility was the opportunity.
The Discovery Phase Is Over
Today, everyone knows about Bitcoin.
Your parents know.
Your barber has an opinion.
Even your friend who still uses a flip phone knows what $BTC is.
The “wait until people discover this” narrative is dead.
They discovered it.
They either bought it — or chose not to.
That dramatically reduces the probability of explosive inflows driven purely by awareness.
Meanwhile, speculative capital now has alternatives:
Tech stocks (Tesla, Nvidia, AI plays)
Gold and silver
High-growth equities
Leveraged ETFs
Bitcoin is no longer the only asymmetric bet in town.
We Got What We Asked For — And It Changed Everything
For years, Bitcoin fought for:
ETF approval ✓
Bank custody ✓
Regulatory frameworks ✓
Institutional adoption ✓
It got all of it.
But here’s the paradox:
Mainstream acceptance didn’t create mainstream usage.
It created financialization.
Now institutions trade “paper Bitcoin” via futures, options, and synthetic exposure.
Scarcity — the core narrative — gets diluted inside the modern financial machine.
We wanted Wall Street to accept Bitcoin.
They did.
And then they turned it into another TradFi product.
The Cruel Irony: Legitimacy Kills Volatility
The explosive growth phase was fueled by:
Novelty (gone)
System distrust (absorbed)
Extreme volatility cycles (being smoothed out)
If Bitcoin ever becomes deeply integrated into real-world settlement — for oil, gas, or commodities — something interesting happens:
It would need stability.
And stability kills 20–30% weekly swings.
A currency used for sovereign commodity trade cannot behave like a meme stock.
Ironically, the more legitimate Bitcoin becomes, the less explosive its upside may be.
The One Scenario That Changes Everything
The only structural catalyst big enough?
Bitcoin becoming a unit of account for global commodities.
If oil exporters or major trading blocs began settling contracts in $BTC , demand would shift from speculative to transactional.
That would be a structural shift — not a hype cycle.
But it would require:
Geopolitical realignmentSovereign coordinationDeep liquidityLower volatility
And again — that stability likely compresses returns.
Bitcoin’s 2026 Identity Crisis
So what is Bitcoin now?
Digital gold? → Competes with gold.Payments network? → Competes with Visa.Speculative asset? → Competes with tech stocks.Reserve currency? → Requires stability (which kills upside).
It cannot be all of these simultaneously.
And trying to be everything might risk becoming nothing uniquely compelling.
What This Means for Crypto
If Bitcoin — the most trusted and battle-tested asset in the space — faces this identity tension, what does that say about the rest?
DeFi promised to replace banks → It became a casino.
NFTs promised digital ownership → They became monkey JPEGs.
Web3 promised decentralization → It became VC-backed token startups.
The pattern is uncomfortable:
Crypto challenges the system.
The system absorbs crypto.
Crypto loses what made it disruptive.
The Uncomfortable Question
Maybe legitimacy and extraordinary returns are no longer on the same path.
Maybe Bitcoin’s final form is simply:
A tradeable macro asset.
Digital gold with volatility compression.
A portfolio hedge.
An alternative reserve asset.
Maybe that’s enough.
But if that’s the case, we should stop pretending it’s revolutionary — and start treating it like what it might actually be:
A speculative tech stock with superior branding.
And if Bitcoin at $65K doesn’t excite anyone anymore…
That might be the loudest signal of all.
$BTC
#RiskAssetsMarketShock #CZAMAonBinanceSquare #WhaleDeRiskETH

Article

bitcoin hit $65k and nobody cared. here's why that might be the real story

let's talk about something most crypto people don't want to admit: bitcoin might have already won its biggest battle and lost its biggest opportunity at the same time.

the uncomfortable truth about bitcoin's next 10x

in my view, bitcoin no longer has the potential to increase in value by 1,000x, 100x, or even 10x. i know that sounds bearish, but hear me out.

fifteen years ago, bitcoin emerged at the perfect moment right after the 2008 financial crisis when trust in governments, banks, and fiat currencies was at historic lows. remember occupy wall street? the tea party? that was real rage. bitcoin offered something different: decentralized, scarce, and completely outside the traditional financial system.

back then, the extreme volatility (70% to 90% drawdowns, multiple times) was tolerable because it was always followed by 5x, 10x, sometimes even 100x rallies. much of this growth was driven by waves of new, highly leveraged investors attracted by returns that were literally impossible to find in traditional

the discovery phase is over

today, bitcoin is widely known. your parents have heard of it. your barber has an opinion on it. that one friend who still uses a flip phone? yeah, they know what bitcoin is too.

this dramatically reduces the likelihood of massive new inflows purely from discovery. the "wait until people find out about this" narrative is dead. people found out. they either bought in or decided not to.

at the same time, investors seeking speculative upside now have alternatives: gold, silver, tech stocks like tesla, or other high-risk assets that offer more stability while satisfying the same appetite for outsized gains.

we got what we asked for (and it killed the dream)

here's the paradox that nobody wants to acknowledge:

bitcoin spent years fighting for mainstream institutional and governmental acceptance. that day has arrived.

etfs exist ✓

banks offer exposure ✓

regulators have frameworks ✓

institutions are accumulating ✓

yet this acceptance has not translated into widespread use as a medium of exchange for goods and services. instead, financialization has deepened.

large institutions can now trade "paper bitcoin" through derivatives, potentially expanding synthetic supply through futures and short selling. the original scarcity narrative — the thing that made bitcoin special — gets diluted within the modern financial system.

"we wanted wall street to accept bitcoin. they did. then they turned it into another tradfi product."
~ every og bitcoiner, probably

so what's the path forward?

i struggle to see a clear trajectory for bitcoin under its current setup. the explosive growth phase was fueled by:

novelty (now gone)

distrust in traditional systems (institutions co-opted it)

extreme volatility cycles (being smoothed out by institutional participation)

now that bitcoin is widely known, institutionalized, and deeply integrated into mainstream finance, the asymmetric upside that defined its early years appears structurally harder to repeat.

the one scenario that could change everything

one potential catalyst would be genuine, large-scale adoption as a unit of account for globally traded commodities — oil, gas, strategic resources.

if major exporters began pricing and settling contracts in #bitcoin , demand would shift from speculative to transactional. that would represent a structural transformation, not just another hype cycle.

however, this would require:

geopolitical realignment

sovereign-level coordination

price stability (the irony)

and here's where it gets really interesting...

the cruel irony: legitimacy kills volatility

paradoxically, if bitcoin achieved that level of real-economy integration, investors would have to say goodbye to the volatility that historically drove outsized returns.

a currency used for large-scale commodity settlement cannot swing 20-30% in a week without creating systemic risk. stability would become a feature, not a bug.

and while stability could validate bitcoin as infrastructure, it would also kill its appeal as a high-beta speculative asset.

in that scenario, bitcoin might mature into a low-volatility settlement layer — valuable, sure, but unlikely to deliver the exponential gains that early adopters experienced.

the identity crisis

this is bitcoin's real problem in 2026:

is it:

digital gold? (then it competes with actual gold)

a payments network? (then it competes with visa/mastercard)

a speculative asset? (then it competes with tech stocks)

global reserve currency? (then it needs stability, killing returns)

it can't be all of these things simultaneously. and trying to be everything to everyone might mean it ends up being nothing special to anyone.

what this means for crypto broadly

if bitcoin — the flagship, the original, the most trusted — is facing this identity crisis, what does that mean for the rest of crypto?

defi promised to replace banks. instead, it became a casino.
nfts promised digital ownership. instead, they became jpgs of monkeys.
web3 promised decentralization. instead, it became vc-funded startups with tokens.

the pattern is clear: crypto gets absorbed by the system it was supposed to replace, then loses the properties that made it interesting in the first place.

the uncomfortable question

in short, the path to legitimacy and the path to extraordinary returns may no longer be the same path.

and as a result, i'm genuinely not sure what purpose bitcoin and crypto serve today beyond being another asset class for speculation.

maybe that's enough. maybe being "just another tradeable asset" is the final form.

but if that's the case, we should stop pretending it's revolutionary and just call it what it is: a speculative tech stock with better branding.

#RiskAssetsMarketShock $BTC

When Bitcoin ripped back to $65,000, the reaction wasn’t euphoria. It wasn’t panic. It was… indifference.
No taxi drivers pitching it.
No relatives asking how to buy.
No “this time is different” threads flooding the timeline.
And that silence might be the real story.
The Paradox of Victory
Bitcoin spent fifteen years fighting for legitimacy.
It wanted:
ETF approval
Institutional custody
Regulatory clarity
Corporate treasury adoption
It got all of it.
Spot ETFs trade like clockwork.
Banks offer exposure.
Governments regulate instead of ban.
Public companies hold it on balance sheets.
From the outside, this looks like victory.
But here’s the uncomfortable twist:
The same legitimacy that validated Bitcoin may have capped its explosive upside.
The Discovery Phase Is Over
In 2013, Bitcoin was a secret.
In 2017, it was a rumor.
In 2021, it was a cultural phenomenon.
In 2026, it’s common knowledge.
Your parents know about it.
Your barber has an opinion.
Your government has a framework.
The “wait until people discover this” narrative is done.
Markets reward asymmetry during discovery — not after saturation.
Early cycles were fueled by:
Radical novelty
Ideological momentum
Retail FOMO
Extreme leverage
Massive information gaps
Today, information is universal. Access is frictionless. Exposure is packaged neatly inside brokerage apps.
That changes the game.
Financialization Changes the Asset
Bitcoin once lived outside the system.
Now it trades inside it.
Futures, options, ETFs, structured products — layers of financial abstraction now sit on top of the underlying asset. Synthetic exposure expands supply in ways early purists never envisioned.
The irony is sharp:
Bitcoin wanted Wall Street adoption.
Wall Street adopted it.
Then Wall Street turned it into Wall Street.
Scarcity still exists at the protocol level.
But price discovery now flows through traditional financial plumbing.
And traditional finance smooths volatility over time.
The Volatility Problem
Here’s something few want to admit:
The 70–90% drawdowns weren’t bugs.
They were features.
They enabled:
Massive re-accumulation
Narrative resets
5x–100x rebounds
Extreme volatility created asymmetric opportunity.
Institutional participation dampens that dynamic. Risk models, hedging strategies, derivatives markets — all of it compresses the amplitude over time.
And compressed volatility means compressed upside.
You cannot have:
Global reserve asset credibility
and
Meme-level 20x cycles
at the same time.
The Identity Crisis
Bitcoin in 2026 faces a branding problem more than a technical one.
Is it:
Digital gold?
Then it competes with a $13T metal that has millennia of history.
A payments network?
Then it competes with Visa, Mastercard, and instant settlement rails.
A speculative growth asset?
Then it competes with high-beta tech stocks.
A global reserve currency?
Then it must become stable — which kills speculative appeal.
It cannot fully optimize for all four simultaneously.
And when something tries to be everything, it risks becoming strategically vague.
The One Scenario That Changes Everything
There is one path that would fundamentally alter Bitcoin’s trajectory:
Large-scale commodity settlement in BTC.
Imagine:
Oil contracts priced in Bitcoin
Gas shipments settled in Bitcoin
Sovereign trade reserves held in Bitcoin
That would shift demand from speculative to structural.
But it would require:
Geopolitical realignment
Sovereign coordination
Reduced volatility
Deep liquidity stability
And here lies the cruel irony:
If Bitcoin achieved that level of real-economy integration, volatility would collapse.
And if volatility collapses, so do 10x cycles.
Legitimacy would win. Speculation would fade.
Crypto’s Broader Reflection
Bitcoin isn’t alone in this tension.
DeFi promised to replace banks — it became a leverage playground.
NFTs promised digital property — they became speculative collectibles.
Web3 promised decentralization — it became VC-backed token equity.
The pattern is consistent:
Crypto disrupts.
The system absorbs it.
The edges get sanded down.
Revolution turns into product category.
Maybe This Is the Final Form
Here’s the uncomfortable thought:
Maybe Bitcoin doesn’t need to 100x again.
Maybe becoming:
A macro hedge
A portfolio diversifier
A digital collateral asset
is the mature end state.
Not revolutionary overthrow.
Not financial apocalypse insurance.
Just a new asset class.
If that’s true, the expectation reset is massive.
The path to legitimacy and the path to exponential gains may no longer overlap.
The Real Question
When Bitcoin hit $65K and nobody cared, it wasn’t apathy.
It was normalization.
And normalization is what happens when something stops being disruptive and starts being integrated.
The market may already be telling us:
Bitcoin isn’t the rebellion anymore.
It’s infrastructure.
The only question left is whether infrastructure can still surprise the world — or whether the age of shock-and-awe returns is permanently behind us.
#RiskAssetsMarketShock