Frank

“the win condition for btc is clear: >hedge against inflation because central banks will always print more money this is the narrative that propelled bitcoin from 7k to 126k if/when they eventually cut rates btc & gold should rip alongside equities however in a world where equities are trading at massive multiples due to inflation, the narratives of the productive underlying assets will be future focused in this case, the risks of quantum will be magnified and btc should not have to endure another cycle of flows where that is the ceiling concern the hedge against inflation needs to be a hedge against the future dangers of technology proof of work is poised perfectly to address this, as quantum & even the most advanced ai will not generate electricity the efforts to tackle this ambiguous future should start today & i believe if it did there would be renewed cult like excitement around btc and the entire asset class the writing is on the wall, the times are changing the sooner the better”