Brennan Smithson on Nostr: #[0] #[1] #[2] So at this point, is everything bullish for BTC due to the ...
preston (npub1s5y…6q7z) james (npub1cj9…0efa) fossgregfoss (npub1zry…8vpd)
So at this point, is everything bullish for BTC due to the powers that be painting themselves into a rather precarious corner?
1.) Remain hiking interest rates while injecting liquidity
2.) Pause rate hikes while injecting liquidity
3.) Remain hiking rates and try to regain QT and things begin breaking even worse
Without trying to be a complete pessimist, is there a winning argument for fiat after this catastrophe? Or did this exponentially accelerate the deterioration of the fiat world?
I feel like the recent events literally played into the hands of BTC like no one could have imagined. You could not write a better script. It’s as if since BTCs inception it has been patiently waiting with a royal flush waiting to call out fiat’s bluff. And now that it has, it was at an epic proportion as fiat went “all in.”
So at this point, is everything bullish for BTC due to the powers that be painting themselves into a rather precarious corner?
1.) Remain hiking interest rates while injecting liquidity
2.) Pause rate hikes while injecting liquidity
3.) Remain hiking rates and try to regain QT and things begin breaking even worse
Without trying to be a complete pessimist, is there a winning argument for fiat after this catastrophe? Or did this exponentially accelerate the deterioration of the fiat world?
I feel like the recent events literally played into the hands of BTC like no one could have imagined. You could not write a better script. It’s as if since BTCs inception it has been patiently waiting with a royal flush waiting to call out fiat’s bluff. And now that it has, it was at an epic proportion as fiat went “all in.”