Tyler Winkelvos The topic was not written or dropped a scheme. Only two words: “Buying Bitcoin”. This was his reaction to Ferral’s graphic fee now showing us national debts that cross 36.2 trillion dollars-and still climb.
It seems that the graph itself is similar to technical stocks in the bull race – but it is not Apple or NVIDIA. It is the federal religion, which grows in a straight vertical line from the early first decade of the twentieth century to this day. Do not slow down. No breaks. Just more borrowing.
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His position fell immediately after some big news: On May 17, Moody reduced the American credit rating from AAA to AA1. This is the third and final main agency that withdraws the highest classification of the United States, noting the increasing deficit and there is no clear plan to release it.
Treasury Secretary Besin tried to calm the markets last week, saying that the United States will “never”. But the numbers continue to move in the other direction.
While this was playing, investors were transporting their money elsewhere – especially in Bitcoin.
In May, the investment funds circulated in the United States of America launched $ 5.25 billion of net flow. On the other hand, the Gold Investment Funds witnessed a $ 1.58 billion vacation. Fidelity and others say Bitcoin is now trading more like a value store – which was the role of gold.
Bitcoin opposite the debts of the United States
In March, Larry Fing, CEO of Blackrock, warned that if the United States is unable to control its debts, the dollar may start losing its global reserve position. He referred to digital assets – including bitcoin – as a dangerous alternative.
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Bitcoin is now trading above $ 100,000. With the return of ETF flows and the Federal Reserve in the Federal Reserve in a more flexible policy, the setting changes rapidly. Some BTC expectations were placed at $ 220,000 by the end of the year. More aggressive up to $ 444,000.
When Tyler Winklevoss says, “Buy Bitcoin”, it’s not just encryption. It relates to the biggest picture – and an increasing number of investors began to look at it in the same way.
