Love this take. The more I learn about macro (thank you!) and liquidity cycles, the more it’s seems abundantly clear that mag7 is largely a magnet for liquidity in a world where there was no safe alternative. I suspect Mag7 SoV decline will track the inverse of bitcoin adoption and awareness increase. Mass forward earnings is just a way to mask debasement realities from the public IMO, not sustainable.
STRONG OPINION:
Bitcoin has clearly entered the global Store of Value phase.
US magacap technology stocks will slowly lose their SoV status (which they’ve enjoyed since 2009) over the coming 10-15 years.
Everything that is good for gold is 10x to 100x good for bitcoin.
nostr:nevent1qqsydmzmhunytnpyalcwj5e7dllp9dme02qj5hu7pgrej3j5y344ppg35t4mu
Discussion
No replies yet.