Answering a question with a question hmm.
What is something that will play a key role in technological deflation worth?
(If it's not already obvious, inflation is going to be one of if not the biggest challenge humanity faces this decade)
Something that gives access to banking for billions of those in developing countries without access to traditional banking?
The rise of DeFi shows potential to deprecate traditional banking in the next decade or two imo. What is that alone worth?
This is a far from exhaustive list of uses that give it value, value that haters don't see yet funds increasingly are.
Oh and as for BBUS/US markets, anyone else notice the 10yr yield recently? suspiciously FLAT. Looks like yield curve control to me.
I wonder how long the fed can keep it up for?
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