Yes I think this chart makes very clear that the investment thesis for Bitcoin the asset is as a hedge against monetary debasement from the central bankers (the US Fed in particular).
https://twitter.com/WClementeIII/status/1548464261369802754

puhbuhruh_old

listen to this with the premise that:" bitcoin is pristine collateral and currently there is a lack of good collateral because everyone is over leveraged and over indebted"

under that premise you can see why bitcoin is a "monetary irresponsibility hedge" NOT an inflation hedge.

It will replace government bonds as ultimate balance sheet liquidity.

^^this is the narrative we need to be promoting.  Hard money is pristine liquid collateral.  Bitcoin is ultimate collateral.

bitcoin

Everything You Know About the Economy is Wrong with Jeff Snider - WBD528

pillar

listen to this with the premise that:" bitcoin is pristine collateral and currently there is a lack of good collateral because everyone is over leveraged and over indebted"

under that premise you can see why bitcoin is a "monetary irresponsibility hedge" NOT an inflation hedge.

   It will replace government bonds as ultimate balance sheet liquidity.

^^this is the narrative we need to be promoting.  Hard money is pristine liquid collateral.  Bitcoin is ultimate collateral. 