How much should #Bitcoin be worth? Well, how much should a fixed supply asset with an incorruptible monetary policy for the world be worth? Less than Facebook? 🤣 #Bitcoin was specifically created for this. Now we get to witness it in practice for the first time. 🚀

"BlackRock expects the Fed will stop its rate-hiking cycle without getting inflation to its 2% target." "Americans will have to live with high prices for years to come" "We think the 'politics of inflation' narrative is on the cusp of changing." 🎯

Keep an ear out for any narrative change from the Fed and/or the media around their 2% inflation target. They'll try to normalize this new era of persistent inflation and ease the market into it. The recent Gold & #Bitcoin moves are no accident...

#Bitcoin without users is worthless technology It's the network of humans running the software and protecting its ideals that gives #Bitcoin value Satoshi's financial innovation enabled humanity to coordinate and express its long-lasting desire to be connected and free

"BlackRock expects the Fed will stop its rate-hiking cycle without getting inflation to its 2% target." "Americans will have to live with high prices for years to come" "We think the 'politics of inflation' narrative is on the cusp of changing." 🎯

Markets Insider

The Fed won't be able to bring inflation down to its target, and Americans will have to live with high prices for years, BlackRock says

Strategists from the world's largest asset manager said the narrative around the "politics of inflation" is about to shift.