Can you explain how this would be "good for Bitcoin" though?
Didn't the price crash after the extreme rise? Or was this because the BTC was stolen and unrelated to the USD insolvency? Was the "good for BTC" tongue in cheek?
Bitcoiners say that things are good for bitcoin whenever its price goes up (because they care more about price than anything else in the bitcoin ecosystem). Bitcoin skeptics like patio use that phrase in a more tongue in cheek manner
