War is an accelerator of macro narratives. When sovereign credit collapses in the fire of battle, non-sovereign assets become the only escape.

Short-term war is a game of leverage and gamblers for BTC, which will intensify short-term price volatility( as recently experienced,

Ongoing mid-term wars will see fiscal expansion and monetary easing after the flames of battle.

And long-term wars will accelerate BTC's transformation from a "risk asset" to a "non-sovereign core asset."#2月非农意外负增长