The Negative Effects of Abu Dhabi on Bitcoin

The narrative with Abu Dhabi is a little bit different. I mean, it's definitely consistent in this idea that sovereign nations are going to act in a greedy way to protect themselves as Bitcoinization happens. But if you're an energy rich country, converting your energy to the hardest money that man has ever seen is a very obvious decision. Now we've seen energy rich countries that are sanctioned. It's even more obvious for them because they can easily trade their energy. That is way a little rough. They want to be like the capital of finance of the world and, you know, maybe they'll have different success rates for that.

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