It’s not just individuals, the big thing for me is the institutional money that will boost demand for bitcoin. Funds are going to want to start to allocate a portion of their portfolio to crypto and Bitcoin will be a huge percentage of that.
In my opinion, we haven’t even seen close to the potential demand for bitcoin that we will. It’s certainly exciting to analyse and be a part of! 🤓
How do you think rising rates will affect bonds and equities? It looks like 10yr rates hitting 3 are taking their toll on equities, and equities are stuck range bound despite really good earnings so far.
Well the textbook says that rising rates should hit equities. But we’ve known that rates are going to be (and have been) rising for ages now and equaities continue to show nothing but strength.
Who knows man 😂.