fresh blow to the risk asset outlook
Not a blow, Elon Musk is just not afraid to call out the elephant in the room (unlike the economists or the Federal Reserve) which we all know about.
Bitcoin may spend the time until its next block subsidy halving battling recession, Elon Musk suggested.
Bitcoin does not battle recession. Countries do.
We're already in a global recession - just state the obvious, no need for useless reports speculating on the subject.
Bitcoin gives power to the people to protect themselves from kleptocrats around the world who are using inflation to steal money from everyone else to try and cover their own sins.