Is Bitcoin The Answer To A Failing Treasury Market?

2022-9-16 12:00

The state of the Treasury market isn’t looking great. With Japan, Russia and China dumping U.S. bonds, the question remains: Who will buy our debt?

This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Greg Foss to talk about how owning bitcoin is the greatest asymmetric trade in history and why bitcoin could have a value of $2 million in today’s value.

Watch This Episode On YouTube Or Rumble

Listen To The Episode Here:

AppleSpotifyGoogleLibsyn

Greg Foss: [Discussing the current state of the U.S. Treasury bond market.] Japan is dumping it. Russia is dumping it. China is divesting from U.S. Treasury bonds. So who's there to buy it? I guess the Treasury can buy their own bonds. What does that mean? QE (quantitative easing) infinity. Hence, bitcoin. So you see? Look, it's pretty simple, guys. Don't overthink this; play the odds, play probabilities.

I could lay out why bitcoin should someday trade for over $2 million in today's dollars per bitcoin, based on that thesis. But again, it's probability analysis. It's sitting in a risk chair. It's playing out different scenarios and then putting your money behind a scenario that has the greatest expected value. Which is not to say it has the greatest probability, it's to say that the chance of it happening, multiplied by the price that occurs when it happens and expected value is the most opportune. That's why I think bitcoin is the greatest asymmetric trade opportunity I have ever seen in my career hedging risk. I'm not 100% certain. But I'm pretty darn confident that at $20,000 per bitcoin, it represents an incredible asymmetric opportunity.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

treasury market bonds question dumping china remains

Источник: bitcoinmagazine.com

treasury market → Результатов: 126


Фото:

Australia Plans To Become A Crypto Market Leader Under New Regulations

Australia has vowed to improve its crypto-assets regulatory system through “token mapping” to provide greater customer protections and stay ahead of the digital evolution curve. Unveiling the plan on Monday, the country’s treasury noted that despite the number of taxpayers interacting with Bitcoin, Dogecoin and other crypto assets skyrocketing since 2018, regulations in the sector […]

2022-8-25 18:48


Regulation Amendments By UK Treasury Drops KYC Restriction For Non-Hosted Wallets

Government authorities around the globe have been restructuring regulation rules after seeing excessive market volatility following the Terra collapse. Similarly, while updating money laundering rules, the United Kingdom’s HM Treasury decided to reverse its plans to impose Know-Your-Customer (KYC) restrictions on the non-custodial crypto wallets, also known as private wallets. KYC protocols are used to […]

2022-6-22 11:00


Фото:

Secretary Yellen; UST Collapse Could Have Been Avoided With The Available Legal Framework

The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, particularly Treasury Secretary Janet Yellen. Testifying before the House of Representatives Financial Services Committee Thursday, Yellen brought up the issue of UST and USDT noting stablecoin issuers needed to be brought under […]

2022-5-13 13:39


Yellen’s Positive Remarks About Biden’s Crypto EO Push Bitcoin Past $41,000

It only took an unintentionally flattering remark from a high-ranking US official to propel Bitcoin above the $41,000 level. Bitcoin (BTC) advanced early on Wednesday, boosting the entire crypto market, as US Treasury Secretary Janet Yellen’s inadvertently disclosed remarks indicated that US President Joe Biden’s long-awaited crypto directive will take a constructive approach to regulating the digital asset sector.

2022-3-9 17:11


Фото:

Executive Order: Crypto Market Readies For President Biden’s ‘Green or Red Light’ In February

US President Joseph Biden will decide the fate of Bitcoin and other cryptocurrencies in the US with a White House Executive Order (EO) scheduled for release in February. Biden’s executive order will probably glean from a series of reports and guidelines issued by the US treasury, the Congress finance oversight committee, and the US Federal […]

2022-1-27 02:20


With Strong Earnings, User Growth, and Recognizable Brand Partnerships, Decentral Games Is A Well Positioned Next Generation Blockchain Entertainment Platform

Fig 1: DG Treasury Growth Chart measured in USD value. The treasury has grown exponentially since its inception in Dec 2020 contributed by the profit growth and the appreciation of the assets. The downward trend in May is driven by the downswing of the crypto market.

2021-6-17 15:16


Фото:

US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS

The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […]

2021-5-20 20:32


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Stablecoins Are Not Your Friends

Stablecoins are one of the biggest mistakes ever made in the Bitcoin space. They should be ostracized and discouraged, not embraced.