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The Global Macro Predicament Is a Powerful Tailwind for Bitcoin
A looming debt ceiling could really express itself through all these bank failure and just enhance all these bank failures that we're seeing. I think the interventionism is going to get heavier and heavy handeder. And I think the Fed is going to turn around. Like this is the iPhone era, you can be out of here one day. That's different from 1930s. You know, these things can happen really fast.
In part two of Preston Pysh's discussion with Tuur Demeester, they go deep into Tuur's latest report on why right now in particular is a great time to be a Bitcoin bull. Tuur talks about numerous on-chain metrics, and circumstances happening in the macro backdrop that only contribute to the bullish narrative.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:59 - What do inscriptions actually mean for L1 and L2 bitcoin networks?
08:19 - Why do so many people have the urge to update the code base?
11:17 - Why are inscriptions potentially good for L2?
14:25 - Apps that are seamlessly working between L1 and L2.
15:36 - What will future fees look like on both layers in 10 years or more?
28:34 - Some of Tuur's previous writing and what he's focusing on now.
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