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Replying to Avatar 𝙲𝚘𝚛𝚗𝚘𝚔𝚞𝚗

GM

So it turns out that Bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara Bitcoin...

*dons asbestos suit*

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Thomas Rossi 2y ago

Actually even NY Fed itself disagrees with the above!

https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr1052.pdf

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