Sep. 4 at 7:33 PM
$BTC.X
$MSTR $ASST $RIOT
Let me get this straight.....a jobs report increases chance of a rate hike.....an interest rare hike....that increases the
$40T National debt.....resulting inevitably in more money printing which in turn devalues/debases the greenback ....which only makes gold and Bitcoin more valuable. So short term dip but long term it only strengthens the Bitcoin case. A little maths and that
$40T will accelerate to
$50T by 2030/31. So why would i invest in a goverment whose treasury repays me in dollars that r going to be worth less? A rate hike only strengthens the fundamental case for investing in scarce monetary assets. The last i checked Washington can't print anymore Bitcoins.