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This article was originally published by Nik Bhatia and Joe Consorti on Substack.com
In such a volatile macro landscape, it’s hard to soar above the clouds at 30,000 feet and view bitcoin as anything other than a high-beta risk asset that is beholden to the everchanging backdrop of Fedspeak, economic data, and the market cycle.
Bitcoin is a macro asset, but it is also the first verifiably scarce commodity and imbues all citizens of Earth with property rights, regardless of whether or not their country of residence honors such basic human freedoms. Let’s take a step back from the macro investor’s chair and observe how bitcoin is advancing in its own… Read more on bitcoinnews