The majority of global liabilities are in dollars. That is the incumbent currency.— Lyn Alden (@LynAldenContact) August 1, 2022
When the global economy contracts, it means global assets fall vs global liabilities (in big part, dollars).
Bitcoin will be a risk asset until it rivals gold or dollar market cap in size.
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Friday, August 5, 2022
Lyn Alden On Bitcoin As A Risk Asset
Posted by Dwyer at 1:55 PM