Bitcoin Marketcap
$1.86T
Gold Marketcap
$16.16T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
Bitcoin Marketcap
$1.86T
Gold Marketcap
$16.16T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
29 Jun 2020 | | Price when published: $9,150 (ROI since: +974%)
Lyn lays out the international monetary system works, the fundamentals of how government funding works, how it relates to QE, the parallels between the 1930s and the 2010s, and the potential for the 2020s to be an inflationary environment like the 1940s. She further explains her thinking around Bitcoin, and why its fundamentals have been derisked vs when she initiated coverage of it in 2017, as well as how the current macro environment is an ideal backdrop for Bitcoin.
- How the Bretton Woods system broke down and gave way to the Nixon shock
- The genesis of the petrodollar system with Saudi Arabia
- Alternatives to the dollar reserve that were mooted prior to Bretton Woods II
- Why the dollar reserve system has begun to impose a cost on americans rather than being a net benefit
- How the US became a debtor nation and what that means for the middle class
- Why the US dollar can’t find a natural equilibrium
- The relationship between dollar strength and emerging markets
- Why the US government is caught between remaining strategic power through dollar centrality versus re-onshoring supply chains
- Can the world transition past a dollar standard?
- Why global commodities being priced in a single currency is a historical aberration
- Why calling QE simply an asset swap isn’t a complete description
- Why our monetary situation bears resemblance to the 1940s
- The Fed’s changing inflation target
- Why QE in 2008-14 was largely noninflationary and why this time might be different
- Lyn’s view on Bitcoin and how it fits into her macro thesis
- Lyn’s major concerns about Bitcoin
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