NEW: WSJ article states “In both the bank runs of March 2023 and the pandemic panic of March 2020, bitcoin proved to be digital fool’s gold, plunging at the first sign of trouble.”
While panic sellers might have suffered during these events, those who held onto their #BTC saw substantial gains in the subsequent weeks and months. https://image.nostr.build/326a092e231149437a993615b5ab1e38895fdaef2e62088df09020de6aad1c0b.jpg
It was one of the most liquid markets in times people needed USD quickly. Its not a flaw of Bitcoin, quite the contrary