TBL Takeaways: Bitcoin’s Scarcity, Reserves & Lending, Japan’s Future, ETF Flows
It’s a technological innovation most people haven’t really wrapped their head around the notion of digital scarcity they discovered or invented digital scarcity and they created a commodity that does not respond to price Banks really are never constrained by their reserves when it comes to lending the thing that drives lending is there a
Good sort of loan opportunity out there if there is the bank will make the loan and then after the fact find the Reserves to meet some sort of reserve requirement if it so exists geopolitically Japan makes no sense they have none of the things on paper that
You would want for a great geopolitical power they have to import everything for a modern industrial economy we know that Bitcoin trades today above $70,000 right at its all-time high we have the having coming up in a couple weeks we have large ETF flows despite actually seeing some net outflows on a
Day-to-day basis throughout March the overall flow numbers are still wildly impressive
2 Comments
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