We have a situation where we have too much debt and we're producing it at a fast pace. So yes, we have to think about alternative monies.
Bitcoin prices have boomed 165% in the past year, climbing over $100,000 per coin after Donald Trump won his re-election in November. The new administration is widely expected to be more friendly to the crypto world. Trump and his wife, Melania Trump, have even released their own meme coins.
Maybe the biggest threat, certainly one of the biggest threats, is the supply-demand for bonds that relates to the Treasury bonds.
@RayDalio
#raydalio #us #bonds #crypto #bitcoin