Fred's 3 rules of Bitcoin 1. Put the books down. 2. Man Up. | dotkrueger on Binance Square

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Fred's 3 rules of Bitcoin
Put the books down.
Man Up.
Put your nuts on the chopping block.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Prepare for the sequel. Even more riveting than the original. BitBonds are the new CDS.

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We are headed into a "Big Print". The system will break, the Fed will ease dramatically. The longer we wait the more everybody will celebrate. The deficit will explode. Emergency bailouts will be declared. All scarce assets will skrocket. High End Real Estate. Gold. Bitcoin.

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We are headed into a "Big Print". The system will break, the Fed will ease dramatically. The longer we wait the more everybody will celebrate. The deficit will explode. Emergency bailouts will be declared. All scarce assets will skrocket. Real Estate. Gold. Bitcoin.

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"Fred's Law": The price of Bitcoin grows as the square of the interest in Bitcoin.

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We are fundamentally transitioning from a USD financial system to a Bitcoin financial system. Everything ultimately gets repriced in BTC. As @PrestonPysh notes, the volatility of cost of living relative to BTC narrows and the reverse is true for fiat. In the final stretch, fiat relative to goods is extremely unstable -- and merchants demand payment in "stable" Bitcoin. Banks, which exist entirely out of leverage arb on fiat, fail. This is the end game.

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