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Opinion: Bitcoin Treasury Companies Provide 'Reasonable' Response to $37 Trillion US Debt Devaluation by Government
Summary: According to reports from Daily Hodl, macro expert Luke Gromen believes that the emergence of Bitcoin treasury companies is a reasonable response to the continuous devaluation of the US dollar by the government. Gromen pointed out in his latest YouTube video update that investors are reacting to a massive financial bubble that has shifted from ...
According to reports from Daily Hodl, macro expert Luke Gromen believes that the emergence of Bitcoin treasury companies is a reasonable response to the continuous devaluation of the US dollar by the government. Gromen pointed out in his latest YouTube video update that investors are reacting to a massive financial bubble that has shifted from stocks, banks, and real estate markets to the bond market. He believes that the only way for the US government to sustain the bubble is by inflating its debt through devaluation, rather than facing default or severe economic recession to restore fiscal health. In this clear reality, many companies are creating shareholder value by utilizing Bitcoin's strict supply limit, which is reasonable.
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Link: Opinion: Bitcoin Treasury Companies Provide 'Reasonable' Response to $37 Trillion US Debt Devaluation by Government [Copy]