Prominent thought leader Balaji predicting $1M/BTC over the next 90 days as the USD apparently loses hegemony and spirals into hyperinflation (lol?)
BTC up 36% over the last week.
Is BTC fulfilling it's prophecy as the debt bubble collapses? Or does this recent pump serve as exit liquidity before an impending deflationary cycle with the US weaponizing the USD?
Topics to explore:
- BTC as a hedge against hyperinflation
- Multi-polar world, USD hegemony, and the role of BTC
- The nature of risk assets vs BTC
- Inflation vs Deflation
- Federal Reserve saving financial institutions vs saving USD hegemon status
- The fate of altcoins vs the rise of BTC
Discuss...
I think it's just a simple case of a bear market rally. Bitcoin has been desperately needing a narrative for people to cling to for a while now and this is it. The markets just pricing in money printer go brrrr for a while I think.
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