You realize the whole world trades on America’s stocks right? Any given country, a financial trader likely trades their local stocks and American stocks,from what I have heard. Not an expert.
Bitcoin is not stocks, it's a decentralized peer to peer payment protocol. Sure there are stocks following the Bitcoin price but if you trade those you're not reading Bitcoin.
I know that. But your argument was that today’s madness can’t be impacting bitcoin because America is only 5% of population. I am point out that just because America is 5% of the population doesn’t mean that the impact of American activity on btc is limited to 5%. You’re implying a stone makes a pure dimple, and not accounting for the ripple.
You realize the whole world trades on America’s stocks right? Any given country, a financial trader likely trades their local stocks and American stocks,from what I have heard. Not an expert.
Bitcoin is not stocks, it's a decentralized peer to peer payment protocol. Sure there are stocks following the Bitcoin price but if you trade those you're not reading Bitcoin.
I know that. But your argument was that today’s madness can’t be impacting bitcoin because America is only 5% of population. I am point out that just because America is 5% of the population doesn’t mean that the impact of American activity on btc is limited to 5%. You’re implying a stone makes a pure dimple, and not accounting for the ripple.
and the thousands of new coins are much much more than that
here's the founder of cardano explaining https://youtu.be/Ja9D0kpksxw