This article explains the sometimes confusing concept of global liquidity very well. Even non bitcoiners can learn a lot about the global economy here. Understanding bitcoin's role as a "liquidity sponge" allows me to worry less about day to day prices as I watch adoption accelerate.
This article on Bitcoin Magazine is an excerpt from a larger article on Bitcoin Magazine PRO. The following is the post, here on SN, where the PRO article was shared:
This article explains the sometimes confusing concept of global liquidity very well. Even non bitcoiners can learn a lot about the global economy here. Understanding bitcoin's role as a "liquidity sponge" allows me to worry less about day to day prices as I watch adoption accelerate.
This article on Bitcoin Magazine is an excerpt from a larger article on Bitcoin Magazine PRO. The following is the post, here on SN, where the PRO article was shared:
Liquidity, The Central Bank Balance Sheet & Bitcoin #83299 https://bmpro.substack.com/p/liquidity-the-central-bank-balance