Dan on Nostr: The big inflation arbitrage is happening very fast. Almost 2 trillion $USD of capital ...
The big inflation arbitrage is happening very fast. Almost 2 trillion $USD of capital has exited the world's FIAT inflationary money system where money loses 8% of its value every year. 2 trillion is tiny in the rhelm of the world's finance, but Bitcoin's speed and growth trajectory is fast. The technical term for "fast" would be the "speed of network adoption".
Where is all the money coming from? All asset categories, from basic savings accounts to soveriegn treasuries. It's been spread very evenly between the very rich the the poorest on earth. It's being spread geographically across every country on earth regardless of public policies. Even it's uses are widely varied. It's used in micropayments and all the way to billion $USD transactions.
What happens going forward ? One only needs to study all other large financial arbitrage events in history. The arbitrage settles out. What does "settle out " look like to me ? I believe it's a simple matter of Bitcoins forcing function, of stopping fiat inflation. It will do that by making the fiat systems fully back themselves with a new Bitcoin standard of measurement. The FIAT currencies will fail if they do not.
Where is all the money coming from? All asset categories, from basic savings accounts to soveriegn treasuries. It's been spread very evenly between the very rich the the poorest on earth. It's being spread geographically across every country on earth regardless of public policies. Even it's uses are widely varied. It's used in micropayments and all the way to billion $USD transactions.
What happens going forward ? One only needs to study all other large financial arbitrage events in history. The arbitrage settles out. What does "settle out " look like to me ? I believe it's a simple matter of Bitcoins forcing function, of stopping fiat inflation. It will do that by making the fiat systems fully back themselves with a new Bitcoin standard of measurement. The FIAT currencies will fail if they do not.