Bitcoin is showing resiliency

I’m surprised too. I guess there’s a difference between rising inflation and yield curves steepening due to a booming economy, versus due to tariffs, supply shock (eg oil), war uncertainty, rising national $40T debt.

Bitcoin’s resiliency is from doubt of US fiscal policies.

Waiting for downgrades on US sovereign debt by credit agencies.

Enhanced my view that Bitcoin was created as a speculative bet that fiat currency will fail. The printing press for money is a failure. I wish to go back to commodity backed currencies. .