Monday, April 12, 2021

The “White Swan” event no one talks about for Bitcoin

One of the main FUD arguments to keep people from buying Bitcoin is that governments will ban it. Most people already know this when buying so the risk here is to the upside if governments adopt Bitcoin as a form of tax payment on cryptocurrency gains( or tax payments in general). Then either use the payments to pay off debt or use it as collateral to issue new fiat debt.

It’s a first movers advantage for all governments around the world and a very real possibility. Any kind of government buying or accepting of Bitcoin is a huge upside risk for shorts. It would make the GME short squeeze look like child’s play.


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