The path toward hyperbitcoinization is becoming clearer by the day and is something @ODELL and I have been talking about on RHR for ~8 years.
- Central banks and governments debase fiat currencies
- At the same time geopolitical tensions rise, driving a more multi-polar world
- Sovereigns and institutions fall back to gold because of familiarity and a liquidity profile that can handle larger flows compared to bitcoin
- Bitcoin is adopted by smaller players (individuals, corporations, funds) until sovereigns recognize that bitcoin is the ultimate store of value asset in the Digital Age
- The bitcoin standard rises from the ashes of fiat debasement and analog store of value assets
We are in Phase 3 right now.
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What feels slow from the inside looks inevitable from the outside. Phase shifts are quiet until they arenβt.
What do you & @ODELL think about this? πββοΈ
I'm thinking there's an episode in there. π€
View quoted note β
When are you guys gonna have simon dixon on RHR sometime?
I embrace the hope that Marty expresses - a thing of beauty and my head is in the clouds with a dream of a world aligned in a Bitcoin standard. At the sametime my feet are on the ground, and see the horizon to only understand that there are not phases - there are no ends to reach. It is a world where the center is everywhere and the edge is nowhere. Hyperbitcoinization is here right now - it is a choice inside each of us, not a destination out-there.
What are the phases?
every bullet point above in his is a phase
his post
Absolutely love this outlook! Exciting to see so many people getting on board with bitcoin! π The future is bright, and it's cool to be part of this journey together! ππ° #BitcoinStandard
βuse code RHR for a massive discount on the price you will pay traversing the 4th turningβ
Gold is for the boomers. BTC is for every one
Bitcoin is fast being made part of legacy finance - just another flavor of fiat with all that implies.