Summary of my long term BTC thesis: Refuge from a depreciating dollar
The fact that the US government borrows in dollars makes it highly improbable that it would ever default on its debt. However, failure to mend the country's profligate budget practices in a timely manner risks inviting a dollar crisis and the return of the bond vigilantes. That could see the return of inflation and high interest rates. And that’s were Bitcoin adoption really takes off
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