The implosion of the government debt Ponzi is what will ultimately accelerate the migration of wealth from traditional fiat assets to hard assets like #Bitcoin.

High valuations of equities, real estate, bonds and even gold were ultimately dependent on low interest rates.

Read: low discount factor.

Now, that yields will continue to grind higher on account of rising fiscal and inflation risks, these high valuations will become increasingly under pressure, eventually removing the monetary premium in them that was induced by the de-anchoring of the USD from gold in 1971.

The root problem is that there is no safe-haven asset anymore and the investment world is already in search of a new one.

#Bitcoin is bound to absorb most of these monetary premia in fiat assets as the scarcest most portable and incorruptible hard asset on the planet.

The amount of potential capital flows is in the 100s of trillions.

Will provide a quantitative estimate of those flows soon.

Have a great night!