"Buying Bitcoin on Revolut is easy, but it doesn't mean you own Bitcoin. You own an IOU. If you want true financial sovereignty, you need to take control with self-custody and a hardware wallet. Don't let convenience come at the cost of freedom. #Bitcoin #SelfCustody #FinancialSovereignty"
For most of us, the terms "money" and "currency" are interchangeable. And in day-to-day life, that's perfectly fine. But understanding the difference between the two is becoming increasingly important, especially as Bitcoin gains traction. This isn’t just semantics; it has huge implications for how we think about finance, policy, and the future of money.
The current state of the global economy is a complex and intriguing topic. Here are a few key points to consider:
The US dollar has been the world reserve currency since the end of World War II
The US has been running a persistent trade deficit, importing goods and services from other countries in exchange for dollars
Countries like China have been running large trade surpluses, but have been investing their profits in US assets rather than their own economy
The global monetary system is facing a crisis, with many experts predicting a significant shift in the way money is valued and traded
A summary of the the various factors that contribute to individuals feeling ensnared in what can be aptly described as "The Matrix."
This phenomenon often leads people to conform, submit, and obey societal norms and expectations without fully realizing the implications of their actions.
For most of us, the terms "money" and "currency" are interchangeable. And in day-to-day life, that's perfectly fine. But understanding the difference between the two is becoming increasingly important, especially as Bitcoin gains traction. This isn’t just semantics; it has huge implications for how we think about finance, policy, and the future of money.
Earlier in September we highlighted the importance of liquidity and the impacts it has on the Bitcoin price. If you missed it, you can catch up on the charts and blog Liquidity is everything!
The Federal Reserve has started cutting rates again to help lower borrowing costs. This could impact the stock market - the S&P 500 tends to go down by about 4% in the first six months after the first rate cut if we're in a recession, but can go up by about 14% (on average) if we're not.
I recently saw a chart that really struck home. We will get to this, but it’s worth looking at an interesting trend that has emerged in the world post-Covid.
It seems that now, it's all about the supply of money rather than the cost. This shift has significant implications for both opportunities and risks in the market.
