Bitcoin in the VP

[dualstow]

I should have used a comma

Reconversion of bitcoin back to regular fiat currency is and will become increasingly difficult, wallets even with a small amount of tainted bitcoin may be locked.

I don’t know if it’s an edit, but your original post with a period (full stop) and then a new sentence is grammatically correct.
A comma would add a comma splice.

[seajay]

Reconverion of bitcoin back to regular fiat currency is and will become increasingly difficult.

Here’s a post from a few months ago:

We keep saying "Bitcoin fixes this" but the fiat off-ramp is still broken - are we just early or is this a fundamental problem?

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 https://www.reddit.com/r/Bitcoin/comments/1ogz56m/we_keep_saying_bitcoin_fixes_this_but_the_fiat/

If your asset allocation includes both bitcoin and physical gold elements and gold can be traded tax efficiently then if the price of bitcoin soars ahead you might swap some bitcoin for crypto gold (XAUt or PAXG for instance) and sell the same amount/value of physical gold (into fiat/cash) to realign to your target asset weightings. If bitcoin price declines then as part of rebalancing you'd typically just buy/add more - such as from the proceeds of selling some physical gold. Sooner or later 3x leveraged funds (and bitcoin if that reflects a 3x tech stock type holding) will dip deeply, have little value remaining and where typically as part of rebalancing you'd buy/add more - but where at that point that was like having swept your portfolio of most of the bitcoin value. 10/30/60 bitcoin/gold/cash in 2022 saw the bitcoin decline near two-thirds that year, 10 value declined to 3.4 value, the 30 gold, 60 cash remained near unchanged, so instead of rebalancing that 93.4 combined value to 9.4 bitcoin/28 gold/56 cash you might instead have rebalanced to add 6 of TQQQ (3x tech stock) holdings (so left holding 3.4/6/28/56 bitcoin/TQQQ/gold/cash). Rebalancing yearly in that manner and where another later year sees bitcoin (TQQQ) down significantly then all of the bitcoin might have been washed out of the portfolio.