4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC136: The FED Pause & Q2 Current Events w/ Luke Gromen (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

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.

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