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MICHAEL SAYLOR - The Bitcoin Crash & The Future Of Crypto

London Real

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Bitcoin, All Risk Assets Are Getting Jerked Around

The two year treasury was 16 basis points a year ago, and it's currently like 3.9%. The mortgage rate on a 30 year mortgage has gone from 2.7% to 6% in 12 months; the yield curve is inverted. And what you see is risk assets, they're all getting hammered down, Bitcoin included. But people are going through this moment where they're like, I guess I'm going to freeze the death or starve the death unless I have some of that tangible commodity stuff. Meanwhile, the politicians, they play with the little knobs attempting to do good.

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