THANK YOU FOR SAYING IT OUT LOUD.
To all the toxic Bitcoin maxis who shit on everyone else, saying that no other asset is valid, explain how Bitcoin could serve as pristine collateral with so much volatility. No bank would ever want to touch that. No central bank would want to use it, because as you mention, -5% in a day would wreck a loan book like nothing else - let alone a -10% decline in 24 hours.
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