The CEO of Strive, Matt Cole, said that probably no Bitcoin price is too high as long as the country’s current fiscal trajectory persists. According to Cole, the main bullish argument is not based solely on the programmed scarcity of BTC, but on the fiscal deterioration and the uncontrolled growth of the US sovereign debt.
The CEO of Strive argues that measures to contain long-term interest rates only serve to delay an inevitable reckoning, warning that the yields on 10-year Treasury bonds could jump significantly if the market were to operate without official intervention. Under this macroeconomic view, Strive makes extremely bullish projections for the coming years, betting that fixed-supply assets like BTC will act as the ultimate safe haven in the event of a US debt crisis.
#CEO #BTC #StriveStrategy #MattCole #bitcoin $BTC
The CEO of Strive argues that measures to contain long-term interest rates only serve to delay an inevitable reckoning, warning that the yields on 10-year Treasury bonds could jump significantly if the market were to operate without official intervention. Under this macroeconomic view, Strive makes extremely bullish projections for the coming years, betting that fixed-supply assets like BTC will act as the ultimate safe haven in the event of a US debt crisis.
#CEO #BTC #StriveStrategy #MattCole #bitcoin $BTC
