4min chapter

Bankless cover image

Did Macro Kill Crypto? with MacroAlf

Bankless

CHAPTER

The Crypto-Bro-Fantasy Story

Alfred: I'll let me give you a crypto-bro fantasy story here, and I want you to bust the bubble or see if there's any truth here. The crypto world sort of sees the base shaking, right? They're looking at their bonds, and they're like, these yields are terrible. And so the crypto fantasy is that rather than buy more sovereign bonds, for example, they start purchasing Bitcoin. A friend of mine would define it, Bitcoin for boomers, which is gold, that's the definition you would give to gold, Bitcoin for baby boomers. It hasn't really happened yet, but this is what the crypto world hopes for.

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