🌐 The Asian economy is shaken by the Iran conflict, is crypto the new safe haven?
This morning I held the Thanh Niên newspaper and saw an entire international page discussing the energy shock from the Iran war. The images of Pertamina gas stations in Indonesia raising prices, and the news that Tuvalu declared a state of emergency due to fuel shortages, really made me think a lot.
What is happening in the region:
→ Indonesia has to limit fuel consumption, from 31/03 Reuters reported that many gas stations have run out of stock
→ Tuvalu, one of the smallest countries in the world, declared an emergency as it only has enough fuel for a few weeks
→ The UK national trade agency (UKMTO) warns of maritime routes through the Middle East
The point I find most important: this is a reminder that reliance on physical assets through maritime routes is a real risk. Asia imports more than 60% of oil through the Strait of Hormuz, a chokepoint that Iran can influence.
📊 Personal assessment:
→ Bitcoin has increased by more than 6% during the recent tensions, capital is looking at BTC as a borderless asset
→ Stablecoins in emerging markets like Indonesia, the Philippines, and Vietnam may benefit if currency volatility increases
→ I think the narrative of BTC as digital gold is being reinforced by events like this
When the real economy faces an energy shock, do you prioritize holding cash, gold, or crypto? I still believe in a balanced allocation, but BTC is creeping up in my portfolio.
$BTC $ETH #Macro
This morning I held the Thanh Niên newspaper and saw an entire international page discussing the energy shock from the Iran war. The images of Pertamina gas stations in Indonesia raising prices, and the news that Tuvalu declared a state of emergency due to fuel shortages, really made me think a lot.
What is happening in the region:
→ Indonesia has to limit fuel consumption, from 31/03 Reuters reported that many gas stations have run out of stock
→ Tuvalu, one of the smallest countries in the world, declared an emergency as it only has enough fuel for a few weeks
→ The UK national trade agency (UKMTO) warns of maritime routes through the Middle East
The point I find most important: this is a reminder that reliance on physical assets through maritime routes is a real risk. Asia imports more than 60% of oil through the Strait of Hormuz, a chokepoint that Iran can influence.
📊 Personal assessment:
→ Bitcoin has increased by more than 6% during the recent tensions, capital is looking at BTC as a borderless asset
→ Stablecoins in emerging markets like Indonesia, the Philippines, and Vietnam may benefit if currency volatility increases
→ I think the narrative of BTC as digital gold is being reinforced by events like this
When the real economy faces an energy shock, do you prioritize holding cash, gold, or crypto? I still believe in a balanced allocation, but BTC is creeping up in my portfolio.
$BTC $ETH #Macro