Andrew Zatlin of MoneyBall Economics returns… We just witnessed tremendous wild fires in California and a stupendous drop in Bitcoin to just $3661. California has a fiscal wildfire just getting started due to the new tax law, which will see record numbers of Californians abandoning the state to avoid their confiscatory tax rates. It will end badly as well for Bitcoin. The entire crypto space is unlikely to survive the next conflagration. It ain’t gonna be pretty, that’s for sure.
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