Post
PAK GABRIEL REY : WHATEVER HAPPENS WITH TIMOTHY RONALD WILL NOT AFFECT THE INDONESIAN CRYPTO MARKET
Gabriel Rey emphasized that whatever happens to TR will not significantly impact the crypto industry globally.
He reminded the public of the FTX case. Even though such a large exchange collapsed, market confidence temporarily dropped, Bitcoin prices fell, and transactions plummeted, the market ultimately recovered.
"Unless TR can make the global market collapse," he said.
According to Gabriel, this case is also local. If global sentiment turns positive again, like interest rate cuts and rising Bitcoin prices, retail will certainly re-enter, as the cycle always repeats.
He believes that the sector that is actually threatened is not crypto, but the retail industry. Currently, crypto education is already free and widely available; it just takes the willingness to learn.
"It doesn't make sense for an industry built over years to be linked to one person, as if everything could collapse," he concluded.
Source: Pak Gabriel Rey
#FOMCWatch $BTC
{spot}(BTCUSDT)
Gabriel Rey emphasized that whatever happens to TR will not significantly impact the crypto industry globally.
He reminded the public of the FTX case. Even though such a large exchange collapsed, market confidence temporarily dropped, Bitcoin prices fell, and transactions plummeted, the market ultimately recovered.
"Unless TR can make the global market collapse," he said.
According to Gabriel, this case is also local. If global sentiment turns positive again, like interest rate cuts and rising Bitcoin prices, retail will certainly re-enter, as the cycle always repeats.
He believes that the sector that is actually threatened is not crypto, but the retail industry. Currently, crypto education is already free and widely available; it just takes the willingness to learn.
"It doesn't make sense for an industry built over years to be linked to one person, as if everything could collapse," he concluded.
Source: Pak Gabriel Rey
#FOMCWatch $BTC
{spot}(BTCUSDT)