Top Results77 results
High off the Halving
Bitcoin is the purest hedge on currency debasement — an important distinction, and one we’ve been harping...Monetary inflation drives currency debasement — which in turn boosts asset prices as the denominator...With the path for future fiscal deficits all but inevitable, we’re finally seeing the currency debasement...
7 Min
Macro & Markets
Apr 2024
BTC Production Cost, Bitcoin as Inflation Hedge, and Fuel Deep Dive
...important difference between inflation (as is commonly measured by indicators like CPI) and currency debasement...We explained that consumer price inflation and currency debasement are two sides of a similar coin, but...Those banking on the currency debasement narrative are also hurting as the dollar has only gotten stronger...
6 Min
Infrastructure
Jul 2022
An Ode To Bitcoin
Our thesis was the secular trend of global currency debasement would continue — if not accelerate — and...If global currency debasement was the virus, bitcoin was the most effective antidote.
12 Min
Other
Dec 2024
Why Bitcoin Is Behaving Like it Should
Consumer price inflation and currency debasement are two sides of the same coin, but their impact on...Introduction Bitcoin is one of the purest plays on fiat currency debasement....dollar is in determining the direction of global markets, especially assets tethered to the currency debasement...
8 Min
Proof-of-Work
Jan 2022
Bitcoin Is Not An Inflation Hedge
...important difference between inflation (as is commonly measured by indicators like CPI) and currency debasement...We explained that consumer price inflation and currency debasement are two sides of a similar coin, but...Those banking on the currency debasement narrative are also hurting as the dollar has only gotten stronger...
9 Min
Macro & Markets
Jul 2022
Bitcoin's Global Breakout
...price, but it falls short of telling the bigger story at play right now — the story of global currency debasement...
5 Min
Macro & Markets
Mar 2024
No Pain, No Gain
The currency debasement narrative is taking hold, sparking demand for assets that can fight back....We see a similar relationship if we swap in BTC — the highest beta bet on currency debasement and monetary...
13 Min
Macro & Markets
Apr 2024
The Dark Night Rises - Part 1
Fed Liquidity is essentially a tracker on US monetary growth — and monetary growth drives currency debasement...In a world where the Fed — and other central banks — are driving 5-7% annual debasement of their currencies...
23 Min
Macro & Markets
Jul 2024
Charting Crypto Cycles
...in anticipation of these easing conditions, as crypto is one of the purest bets on global currency debasement...Historically, if an investor wanted to hedge against currency debasement, they only had a few choices...
17 Min
Macro & Markets
Mar 2024
Through the Fire - Will the Rubber Meet the Road?
This is no surprise, as equities and crypto both benefit from currency debasement....We know a stronger USD is no friend of currency debasement hedges.
19 Min
Macro & Markets
Oct 2023
Market Musings - A Bad Break For Bulls... What's Next?
...decent time horizon, it is hard to be bearish an asset class programmed to move higher the more that debasement...
10 Min
Macro & Markets
Jul 2024
L1 Recovery, Gearbox Strategic Raise, Searching for Market Bottoms
...that BTC was an inflation hedge, which is why we explained that consumer price inflation and currency debasement...
7 Min
Layer 1 / L1
Jun 2022
It's All Just Volatility
Remember, “Bitcoin is one of the purest plays on fiat currency debasement.”...
9 Min
Macro & Markets
Jun 2022
The Great Decoupling: Perception vs. Reality
...some sense that crypto assets are not a hedge against inflation – they’re hedges against fiat currency debasement...
11 Min
Global Macro Themes
Aug 2022
When There's Blood In The Streets (Nov. '21 Chartbook)
Bitcoin is one of the most levered plays on fiat currency debasement, so one would expect it to take...many people, but one of its core value propositions is being the most levered bet on fiat currency debasement...expansionary monetary conditions, which weighs on non-income producing assets tethered to fiat currency debasement...
19 Min
Macro & Markets
Dec 2021
Market Musings - Knock, Knock, Knockin’ on ATH’s Door
...mailing list has morphed into an asset colloquially known as ‘digital gold’, a hedge against global fiat debasement...
14 Min
Macro & Markets
Oct 2024
Summer Doldrums Not So Dull - Macro & Markets June 2025
...be allocated in a world with ever increasing deficit spending (and the knock-on effects of currency debasement...
14 Min
Macro & Markets
Jul 2025
zkVerify Memo: Integration Flow, Potential Markets, and Token Economics
The reason for adoption might vary, be it diversification or hedging against the dollar debasement, but...
22 Min
Infrastructure
Apr 2025
Key Trends as Markets Seem Fed Up
While they aren’t the biggest bet on fiat currency debasement, equities have an element of scarcity themselves...
7 Min
Macro & Markets
Jan 2022
The Year Ahead for Markets
“Bitcoin is one of the purest plays on fiat currency debasement....important in determining the direction of global markets, especially assets tethered to a currency debasement...Is the Canary The crypto market is one of the purest bets on global liquidity expansion and currency debasement...
55 Min
Global Macro Themes
Dec 2022