Siberia's plague scare: what it means for crypto 🦠
A lab worker at a plague institute in Irkutsk died, and nearly 200 people were quarantined. Moscow calls it "pneumonia of unknown cause" and tells people to ignore rumors. Early secrecy is how local scares become global ones.
Nobody knows yet where this will go. But
#pandemics will keep returning from time to time, and the crypto community should be ready.
#Covid gave us a playbook:
1️⃣ Panic first.
$BTC dropped ~50% in a day in March 2020. Everything gets sold for cash.
2️⃣ Stimulus rally.
#MoneyPrinting took BTC from ~$4K to ~$69K in 20 months.
3️⃣ Adoption boost. Crisis pushes life online, which helps crypto.
4️⃣ Contained scare. Little market impact.
Takeaway:
#volatility first,
#opportunity later.