2 years ago
The authorities of the Treasury marketplace isn’t looking great. With Japan, Russia and China dumping U.S. bonds, the question remains: Who volition bargain our debt?
This is simply a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Greg Foss to speech astir however owning bitcoin is the top asymmetric commercialized successful past and wherefore bitcoin could person a worth of $2 cardinal successful today’s value.
Watch This Episode On YouTube Or Rumble
Listen To The Episode Here:
Greg Foss: [Discussing the existent authorities of the U.S. Treasury enslaved market.] Japan is dumping it. Russia is dumping it. China is divesting from U.S. Treasury bonds. So who's determination to bargain it? I conjecture the Treasury tin bargain their ain bonds. What does that mean? QE (quantitative easing) infinity. Hence, bitcoin. So you see? Look, it's beauteous simple, guys. Don't overthink this; play the odds, play probabilities.
I could laic retired wherefore bitcoin should someday commercialized for implicit $2 cardinal successful today's dollars per bitcoin, based connected that thesis. But again, it's probability analysis. It's sitting successful a hazard chair. It's playing retired antithetic scenarios and past putting your wealth down a script that has the top expected value. Which is not to accidental it has the top probability, it's to accidental that the accidental of it happening, multiplied by the terms that occurs erstwhile it happens and expected worth is the astir opportune. That's wherefore I deliberation bitcoin is the top asymmetric commercialized accidental I person ever seen successful my vocation hedging risk. I'm not 100% certain. But I'm beauteous darn assured that astatine $20,000 per bitcoin, it represents an unthinkable asymmetric opportunity.
English (US) 