The European Central Bank’s mishandling of the money printer has endangered the eurozone. Bitcoin offers an alternative that separates money from the state.
Despite the recent rally in equities, the bond market has meaningfully reversed and resumed its sell-off while treasury yields rise with inflationary pressure.
A reversal in interest rates shows that markets are pricing in lower inflation expectations and a rising probability of a deflationary market on the horizon.
The drawdown in bonds is not much less than bitcoin’s drawdown from its all-time high. Legacy finance is demonstrating to be just as volatile as bitcoin.
