stablecoin velocity still sets the tone for narrative durability

Ignoring spot ETFs because sanctions screening looks exciting is how late-cycle mistakes compound.

That debate sits next to today’s market focus around “Bitcoin's white paper turns 18, and small businesses are still paying for the bailouts it answered.”

None of this is financial advice; it is a framing for cleaner decisions.

Cycles rhyme, but the plumbing underneath keeps changing.

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