Fast forward 40 years.
...The world runs on a #Bitcoin standard, and governments are largely uninvolved in influencing the supply & price of money.
What happens to interest rates??🤔
I still hear people calling #Bitcoin a bubble.
Sure, it might look that way on a 2.5 yr linear chart, and u can say the bubble inflates & deflates — but u can’t say it pops…because it just keeps getting larger when u zoom out.🤷
Stay on the sidelines at ur own risk.
Violent move in rates—why hasn't more broken?🤔
Luke Gromen makes a key point in update below: Intervention HAS thwarted deflation—trapeze artists can't get hurt when the net is always there.
BUT...what are long-term risks of the perpetual Fed Put???
Orange Pilling can be INCREDIBLY challenging & frustrating. We explore why w/ Austin Herbert in BCB120.
→#Bitcoin inception.
→Why fitness doesn’t have to be difficult.
→Boat Day Drinking.
→Camel Toe Ego.
🎧
