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Quantitative Easing and Bitcoin Bonds
Would people have been willing to lend or buy Bitcoin bonds let's say from the government and if so at what interest rate you know. The one month treasury right now is trading like 50 or 60 basis points below reverse repo which is real darn close to the one month of QE1, 2, and 3. I think we've got to go back and look at QE 1 2 and 3 and realize that interest rates went up went up because the market overwhelmed the Fed yes the the Fed increased demand but the market decreased demand even more.