The unquantifiable damage that was done this weekend is how many hard and uncomfortable conversations guys had to have with their wives/fiance/girlfriend (myself included).
A lot of people will move away from bitcoin in the name of stability and I don’t blame them
Agree 100%. I said the same thing this morning. Anyone who doesn’t understand this is so far down the bitcoin rabbit hole they can’t see how insane it sounds to the average person.
The sad part is this is the best free marketing campaign for ETFs/Institutional custody to the average person that can possibly exist.
In a world where self custody is already on the decline, this is an accelerator.
You can’t build a decentralized monetary system on the foundation that every user who wants to participate has to become uber paranoid crypto expert. Still a long ways to go. Sigh.