Euro area debt just hit €14.4 trillion — 88.8% of GDP, up from 87.3% last year.
Every single euro is a promise someone has to keep. And the bond market reprices that promise every damn day.
$BTC? No issuer. No refinancing date. No promise.
Just code and consensus.
That's the difference.
Every single euro is a promise someone has to keep. And the bond market reprices that promise every damn day.
$BTC? No issuer. No refinancing date. No promise.
Just code and consensus.
That's the difference.