Of course the retards at FT would say the Iranians demand “crypto” when they clearly said Bitcoin. You gonna pull up in your cargo ship and offer to pay in Melaniacoin? lol
If you have an IRA which holds Bitcoin, and you would like to convert it (or a portion of it) to Roth IRA, a bear market is the best time to do this. It will minimize the associated tax burden, and then provide tax free withdrawals after many years of growth.
In markets, often the moment there is a conventional wisdom about what’s supposed to happen next, the opposite happens. This is why the four year cycle is dead. It’s Schrödinger’s Bitcoin.