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Inflation or Recession - Which Will the Fed Choose? } Jared Dillian

Forward Guidance

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Bitcoin's Vulnerabilities and Strengths to the Macro Environment

Jerry: How do you think, what are Bitcoin's vulnerabilities and strengths to the macro environment? For example, rising rates generally good for banks, falling interest rates would be very good for growth stocks as we talked about earlier. What does Bitcoin sort of like? I know our rising rates on the short end, the Fed, is that a threat to Bitcoin? Jerry: It is. But really the problem with crypto is that it sort of falls into this unprofitable tech risk bucket with ARK and all that stuff. So it's really, it's a risk asset, unfortunately.

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