Luke is a good friend and I love his work. I wouldn’t want to try timing this transition from a fiat system but to each their own.
In a recent video, Luke Gromen said he sold Bitcoin because AI and automation is driving exponential deflation, citing Jeff Booth. His view is that unless we get “nuclear” levels of money printing, Bitcoin goes down. The implied trade is to buy back after a crash, once policymakers respond and the printing starts.
nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpp4mhxue69uhkummn9ekx7mqcgexya, what do you think of that logic?
Personally, I get the framework, but it feels a little too cute—trying to time both the deflationary shock and the exact moment the monetary regime flips.
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