Here’s an uncomfortable truth: 

It’s not a decentralised economy if it wipes out when the Nasdaq dips.

I write about tech + politics + humans. Farcaster OG. FID 3305 founder of /theindex 

https://linktr.ee/joanwestenberg

OTOH, decentralized != decorrelated. I never really held the expectation that the Venn diagram of TradFi and DeFi was non-overlapping circles. Crypto is a risk-on asset, so when geopolitics start soiling the proverbial bed, I expect it to take a hit too. It’s classically meant to be a hedge for inflation, not war

Yeah hard pill to swallow but there are harder resistance points imo in decentralized systems.