Yeah this is the first time cryptocurrency is being tested in an inflationary and potentially very high interest rate environment. It’s clear that it’s all jus

Yeah this is the first time cryptocurrency is being tested in an inflationary and potentially very high interest rate environment. It’s clear that it’s all just another risk asset, whose price goes up when credit/money is cheap and plentiful, and down when it’s not. A big question is, can Bitcoin miners (and validators on other blockchains) survive? Going to get some useful empirical evidence on that question over the next few years.