⚡️💬 NEW - Bitwise CIO Matt Hougan says, “Bitcoin is rallying because they broke the economy. And the way they’ll "fix" the economy will make bitcoin rally harder.”
Do you agree? 👇
Discussion
I agree with the sentiment
Yeah makes sense
Why these "fixes" could make Bitcoin rally harder:
* Further Currency Debasement: More money printing (QE) and prolonged low interest rates reinforce fears of inflation and the devaluation of fiat currencies, potentially increasing demand for scarce assets like Bitcoin.
* Increased Liquidity: These measures inject cash (liquidity) into the financial system. Some of this excess liquidity often finds its way into speculative assets or assets perceived as hedges, including Bitcoin.
* Search for Yield: Low interest rates push investors to seek better returns elsewhere, potentially moving money into riskier assets like stocks or alternative assets like Bitcoin.
(((they)))