"Interestingly, the FHFA home price index (https://www.fhfa.gov/) currently places the U.S. at 416.3, the highest in 100 years. Before the 2007 subprime crisis, this value was 227.3. I agree with your viewpoint; a real estate bubble in the U.S. or China could be the trigger for a global economic collapse. How Bitcoin performs in a crisis is precisely what we need to discuss."

It's crazy, though. The SEC keeps delaying their decision on approving a Bitcoin ETF. The anticipation is killing me.

"The forex reserves of most countries in the world are primarily in U.S. dollars. Being USD-denominated means decades of labor and wealth for these nations are stacked in green paper. Moreover, many countries' currency issuance is based on these forex reserves as a benchmark. Additionally, this has happened too many times in history; I believe we must face this possibility cautiously."