2min chapter

The Café Bitcoin Podcast cover image

"The Implications of Open Monetary and Information Networks" with Lyn Alden - March 27th, 2023

The Café Bitcoin Podcast

CHAPTER

Bitcoin and the Banking System

I think that the recent kind of action in Bitcoin, some of it's a lot of it's justified just based on the fact that people were expecting tighter policy this year. The market has re-rated its expectations currently around what say Fed insurance are going to look like through the rest of the year and then the year ahead. And so it's natural for some of these kind of anti-dollar trades like gold or Bitcoin to get a bit of a boost. I just think people might get over their skis on what can happen, say like three months or something like that.

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