Bitcoin is a bank that is not fractionally reserved, can always redeem deposits, and holds money that can never be diluted.
People who hate Bitcoin simply do not understand this.
PV my friends 🟣🟠
Markets now fully pricing in 2 Bank of Canada CUTS by July.
Incredible turn of events.
Could be
The good news: mortgage are about to get affordable again.
The bad news: home prices looking at 100% gains
- Zerohedge
I’ve been talking about this being a major driver for Bitcoin adoption by working class. Extremely important. They are voters.
No central bank ever lost control of inflation on purpose.
If the Fed cannot hike because of systemic risks and are forced to tolerate inflation, is it not risking HYPER-inflation?
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Is the end of rate hikes?
The market hasn’t figured it out yet. If it is, extremely bullish for equities and Bitcoin in my honest opinion.
Is the Fed going to be forced to “tolerate” inflation?
The irony of the IMF issuing warnings to El Salvador about Bitcoin as FED policy mistakes collapse banks in the West…
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Twitter played a significant roll in setting the tone for bank runs and the Fed was forced to react to sentiment.
Mainstream media has missed the plot too many times. Now when people want info they go to commentators on Twitter who’ve built reputations.
Very important shift.
Next, Nostr 🟣
Banker 1 to Banker 2:
“In the end we imploded but we had a good run.”
So they hiked themselves right into a banking crisis while peddling a soft landing narrative forcing them to intervene before they even got to a pause.
Once again the Fed has shown itself to be utterly oblivious to the risks right under its nose.
The incompetence is stunning.
- Sven Henrich
BIDEN TO DELIVERS REMARKS ON MAINTAINING A RESILIENT BANKING SYSTEM AT 8 AM ET - WHITE HOUSE
Wonderful, let’s have our senile great grandfather assure us everything is ok and under control.
🟠🤣
It’s good for Bitcoin adoption
The FED is backing off on hikes because they are breaking things, not because inflation is under control.
In other words, the Fed has lost control of inflation.
In other words, we are looking at the very real potential for hyper-inflation.
In other words, might be a good time to learn about Bitcoin.
2-YEAR YIELD FALLS OVER 3% AFTER GOLDMAN SAYS NO MARCH FED RATE HIKE
So what about inflation? The Fed is not in control.
If this banking crisis isn’t making you think about Bitcoin… wait for the next one I guess.
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Soft landing with bank runs and bailouts 😂
This is so bullish 🟠
THE US TREASURY TO BACKSTOP EMERGENCY LOANS WITH $25 BILLION TO START
FEDERAL RESERVE WILL MAKE ADDITIONAL FUNDING AVAILABLE TO BANKS
SVB banker discusses bail out options in 2 minutes.
Very insightful!
https://twitter.com/Wealth_Theory/status/1634956878617907200?s=20