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The macro backdrop for $BTC has never been more perfect
- Fed must reduce aggressiveness in rate hikes with economy slowing & global financial system turmoil
- Equities not attractive given slowing sales & high PE
- Bonds offer mediocre yield & R/R profile
- Fiat increasingly… https://t.co/8MHPLrAJEw pic.twitter.com/g0sd52UzDD
— Andrew Kang (@Rewkang) March 15, 2023
With the ongoing rolling bank failures in the U.S., caused by a combination of irresponsible fractional reserve banking, the Fed’s unpredictable rate fluctuations and poor risk management, the general public's erosion of trust in our banking system is reaching new levels.
— Misha Lederman (@mishalederman) March 15, 2023