AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Bitcoin's Expected Treasury Issue in the Second Half of 2023
The general consensus on Bitcoin, Twitter, traditional finance was this idea that they had to refill the Treasury general account. If it's truly a liquidity suck, this would not be good for risk on assets. I stand by the number, particularly if you get a dollar rising, then you could even add to that number, right? We saw last year when the dollar gets strong, foreigners sell treasuries so your net effective issuance is still there.