KPMG consultant Matt D'Souza: Bitcoin shows resilience in 2020 bear market

KPMG consultant Matt D'Souza posted a chart on Twitter. The chart shows that many large companies such as Goldman Sachs and American Airlines experienced a decline in market value during the market turmoil in 2020. He said that only one thing is important, that is, Bitcoin has survived and will survive on its own. The market crash in 2020 shows that our society and many industries are fragile and prone to failure. Profitability and fundamentals are important in a bear market. Many unverified technology companies, IPOs, early clinical trials, biotech stocks, Pot stocks, and ICOs have failed, but Bitcoin is showing resilience.