8 Tweets 1 reads Apr 19, 2023
Bitcoin will remain a winner regardless of “macroeconomics”.
Here’s why: 🧵
(0/5)
Before I explain my thoughts, please don’t bookmark this thread, I don’t want loads of egg on my face.
This isn’t financial advice, I’m a 69 IQ internet pirate.
Anyway, here’s why cryptocurrency wins in almost every scenario: 👇🏻
1: 0 BPS
Traditional finance gets worried as the FED admits the systemic risk the banks are in.
They have been telling everyone they’re going to raise, to stop now would show their hand.
TradFi will panic, alternative stores of wealth will be utilised as people will not want…
2: 25 BPS
Inflation can continue to cool, banks will need more money from the FED balance sheet.
More printing = debasement of fiat.
Bitcoin again will be seen as a store of wealth and money as the printing goes up.
3: 50 BPS
Potential short term nuke, but again, more and more banks will need to be bailed out.
I repeat:
More printing = debasement of fiat.
Bitcoin again will be seen as a store of wealth and money as the printing will dramatically increase.
4: Narratives
We don’t want “hyperinflation” that would be a grim world look.
Everything is in a “Goldilocks” zone for Bitcoin.
Inflation comes down, risk appetite comes back, Bitcoin is the ultimate risk on asset.
Debasement of fiat, more printing to bail out banks, Bitcoin…
5: Summary
Buy Bitcoin.
I have definitely undone my credibility of this tweet now. 🤣

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