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Bitcoin?🤔🧐

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🇨🇳BRICS STRIKES BACK: China DUMPS $8.2B in U.S. Treasuries! 🔥 China is rapidly offloading U.S. dollar assets — slashing Treasury holdings by 44% since 2013. 💵 Now stacking gold, pivoting to local currencies, and maybe #Bitcoin?🤔🧐
🇨🇳BRICS STRIKES BACK: China DUMPS $8.2B in U.S. Treasuries! 🔥

China is rapidly offloading U.S. dollar assets — slashing Treasury holdings by 44% since 2013. 💵

Now stacking gold, pivoting to local currencies, and maybe #Bitcoin?🤔🧐
Dec 26, 2024
Question. #Bitcoin seems to simply be a proxy for global M2, but on a ~10 week lag. So, given global M2 is falling, it seems #Bitcoin is headed to $70-$80K/coin, no? If that happens, what happens to companies running ponzis based on raising debt to buy more #Bitcoin?🤔🧐 #BTCNextMove $BTC {future}(BTCUSDT)
Question. #Bitcoin seems to simply be a proxy for

global M2, but on a ~10 week lag. So, given global

M2 is falling, it seems #Bitcoin is headed to

$70-$80K/coin, no?

If that happens, what happens to companies

running ponzis based on raising debt to buy more

#Bitcoin?🤔🧐

#BTCNextMove $BTC
SATOSHI NAKAMOTO
100%
DORIAN NAKAMOTO
0%
1 votes • Voting closed
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