Visser makes the claim long rates going up benefits bitcoin.

Normally I would disagree, but I can see his point. Bonds are toxic now. Trump will probably institute capital controls and allow the dollar to fall.

In that world bonds are not a refuge. Bitcoin is a refuge.

Quantum doesn’t matter here. What matters is not getting destroyed by macro forces.

If you are a foreigner, you don’t want us assets. Bitcoin is a non us asset.