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64 sats \ 1 reply \ @halalmoney 5 Sep \ on: Bank of Japan Moves Towards Higher Interest Rates econ
This doesn’t help me decide whether to save a bit more bitcoin today or tomorrow.
But in all seriousness, if the yen-carry trade unwinds in a meaningful way, it will be interesting to see if Bitcoin is sold off in the turmoil (risk-off) or acquired aggressively. My guess is the former but I’d love to be proved wrong!
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47 sats \ 0 replies \ @xz 5 Sep
Life is strange to have a little skin in the game with Bitcoin.
Interest rates fall.. Cash money is further diluted. Bitcoin up.
Interest rate hikes.. Pain, defaults on repayments, saving made somwhat more attractive again and it might be actually worth saving your own currency.
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