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21 sats \ 5 replies \ @Coinsreporter 25 Mar \ on: US government bonds are selling like hot cakes econ
Does this really have any co-relation or an impact on Bitcoin?
Also I don't think that you're writing this post while thinking about Bitcoin in the back of your mind. The talks of de-dollarization or no-fiat world are real and I won't be surprised if we first see the smaller and struggling fiats disappear in a matter of a few years from now.
Until now Bitcoin is a highly correlated liquidity trade with less than 1% adoption. And the US markets are the most important provider of liquidity. Therefore it drives adoption. There is nothing more of importance for BTC than the USD fiat clown show so far. The rest is blabla in the twitter bubble
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Now I got it. Thanks, mate.
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No problem. I have 30 years of experience in the markets in my bones (besides the 25 in the media). Our youngsters (which will ride the horse home for sure) sometimes get lost in the euphoria which is good! Then it needs the old guys to step off the gas a bit... it's the reason why I don't like writing too much directly about btc: there is soooo much stuff circulating. Last thing I saw was this 'power law' hype. The next S2F.... nice. But only intellectual masturbation.
You are doing a good job. Go on and have a nice day
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Amazing! Huge experience!
I must say I have been learning alot from you. You're very much correct about BTC stuff being circulated a lot these days and there should be someone to tell the other related or unrelated content. Thanks. You're also doing a good job. Keep it doing.