Replying to Avatar Seth Michael Steele

I don’t think high interest rates will negatively impact #Bitcoin’s growth.

#BTC is NOT a traditional asset, the price of borrowing in the traditional banking system does not directly impact the benefits associated with opting out of the system.

In fact, high borrowing costs could make #Bitcoin more attractive. If I had to take out a high interest loan over the next decade+…I would ONLY feel safe if this loan was to buy more #Bitcoin. (I’m not condoning using leverage, spot is the way.)

#Bitcoin isn’t the risk asset everyone makes it out to be, it’s an independent asset.

Interest rates don’t determine the value of alternatives…sometimes they push people towards alternatives.

#BTC has never faced interest rates this high, I can’t wait to see the look on the know-it-all’s faces when they realize this is a bullish catalyst.

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The Bullish ₿itcoiner 2y ago

Spot is the way. Stay humble and stack. 🤙

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