Despite the current turmoil, from Terra's collapse to the latest interest rate bearing with the market, BTC remains in a strong position for all of its glory.

But why BTC is this strong while many traditional financial advisers had a grim outlook for it?

First, many people think BTC is an overnight success, or a getting quick rich scheme. While there are indeed people who profit from bitcoin over the years, BTC is actually a hard worker all the way back to 2009. 

Let's take a look at the price of BTC over the years from glassnode:

BTC in the late of 2013 was 202.66.

BTC price in the late of 2017 was the first time to cross 10K.

BTC reached ATH in the late of 2011, standing at the price of 60k+.

As we can see, it takes BTC 7 years to cross 10K and another 3+ years to get to ATH (ALL TIME HIGH). It lasts for about a year and then arrives at the twisting year of 2022. And it wouldn't be a surprise to see a jump in the Q4 of this year.

BTC is certainly not an overnight success but an inspirational story for all we know. during these times BTC is being laid out with foundations and accompanied by altcoins, like Ethereum and BNB. 

So, despite the crazy LUNA event that dissipated at least $40 billions of value, then big sells off for weeks, following a few lending platforms filed bankruptcy, and.... the most recent one that the fed is plowing way to stable the economy by hiking the interest rate, BTC is still standing at 20K above! ($20815, as the time of writing)

((This bull won't back down because WE aren't backing down! We love cryptos and DeFI!!!)) <- inner thought only

The question is, why BTC isn't going to zero?

I first must admit that nothing is impossible. But the current trend is most definitely favoring BTC as the large majority of nations are welcoming Bitcoin but with varying degrees of regulation. They could, instead, easily ban them all like China is trying to do.

So, this tells me the market is so lucrative no one wants to miss this big sweet cake. (Who blames them, we, as individual investors, are all coming in for sweet sweet honey too.) And It's still early! -> More on this later.

Now, some people argue that regulations shouldn't be in place because it contradicts what bitcoin was created to do. And I certainly am not going to argue because I stay neutral. Though I will instead talk about why regulated bitcoin can be very good for the whole crypto industry.

1. Traditional investors have more confidence in Crypto space

This is especially true when you try to talk to your old uncle and convince him to buy bitcoin. He would instead deposit the money in the bank or buy stocks in the traditional stock market. 

 But after being regulated, more financial businesses will emerge and do all sorts like ETF funds and such, to lock into the crypto market. This will allow more buyers and push the price up. 

2. BTC payment will then righteously transform the world for the better

Regulated bitcoin will enable lightning networks to be utilized more in different corners of the world. Sending money oversea was a pain for many due to the weekend days off and hours of waiting and higher transaction fee. 

But BTC payment network will replace all of these hassles and complete the sending with a simple few clicks and way lower fees. Additionally, Visa and Mastercard would have a first peer to peer competitor to the existing payment networks.

3. Regulated BTC gives more boost to altcoins ecosystem

More people are willing to accept altcoins and look into their works as a result. Many people who aren't aware of the crypto space, won't know any of the coins besides those big name like BTC or Ethereum, or NFT. 

So overall, many good things are coming, and with time, a lot of BTC protentials will be put on the table and we, as investors, will be benefited and very delighted to witness them unfold!

Now, why crypto is here to stay?

For one obvious reason:

I: The support of DeFi is strong because the foundation is solid and still evolving rapidly.

Yes, hackers and cybercrimes are looming around the crypto house, as there will always be a few bad apples in the apple tree. The whole crypto industry has already found a way to sustain itself.

For one, before 2017, when there weren't that many participants in the space people already started to do simple lending, borrowing, validating, staking as such. Just a few years more, we now oversee the enormous growth of the DeFi has become.

Liquidities have achieved all time high compared back to 2016. We have found a way to finance ourselves long before these policymakers come in and try to regulate the industry.

But what's crazy? Defi is still at an early stage as there are many more developments are being deployed and many more great things are being organised and developed.

       Like payment system merging with physical world,
      Big tech companies incorporating with metaverse,
      NFT cross chains coming,
      DeFi cross chains becoming easier,
      Play to earn, walk to earn, sleep to earn....and many many more.
     Too many opportunities are still being developed.

As long as developers continue to improve their artistic works of Defi projects, peer networks keep growing the industry and investors are doing their own research and being very cautious of what they are investing or interacting with, those bad apples we shall avoid and enjoy the nice and good apples under the tree.