Thus: Is Bitcoin now "too big to die"? Could this accelerate the volatility reduction we're already witnessing, and finally pave the road to make it a more stable and "solid" asset, and a true gold competitor?
as institutional adoption continues to increase and more countries tend to consider the usgae of bitcoin as her reserve, the narrative will certainly change not just for bitcoin enthusaist but for anyone that follows the trend of bitcoin enough to know that bitcoin can not just die like that. maybe if it was in an era where the notion was that bitcoin is just an household name for just bitcoin enthusiast alone, then it would have been a different case but as more people continues adopting bitcoin and whales and institution buys in on it, it becomes safe to say that bitcoin is technically too big to die.
one good thing about bitcoin is that, it can not just dump overnight without clear cut signal from adoptors in terms of obvious decision that will give an indication that theres likely going to be a reaction in the coming days. but even with that, it can only get bear for a while and likely get bullish again because bitcoin adoption cuts accross whales, private institution and now it usage as reserve which makes it even harder for a potential death or complete dump. the narrative about bitcoin dieing is just one that is caried by skeptics and anti bitcoinner who are just wishing fr what is gradually becoming an impossible situation.