Interest expense is too high. They have to reduce rates or the system just looks too fake and frail to the rest of the world with debt going parabolic. Inflation has cooled just enough to appease the normies.

Rates (likely) getting cut in 2024 and 2025, halving in 4 months and massive institutions about to add trillions in demand. Likely more LATAM countries adopting too. Shit is about to get real…

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Nation state adoption is the real game changer in my opinion. Still unsure of how first half of next year plays out but we know where we’ll end up eventually. Just a waiting game.

Tick tock…