Why A Bitcoin Investment Is A Massively Underrated Opportunity In Today’s Macro Landscape
Preface
We live in interesting times. With the advances in technology and the proliferation of the internet — software is eating the world[3]. Coming out of the Great Recession — the world had seen massive[4] economic growth in what was close to an 11-year bull run largely dominated by U.S. tech equities.
We live in interesting times. With the advances in technology and the proliferation of the internet — software is eating the world[5]. Coming out of the Great Recession — the world had seen massive[6] economic growth in what was close to an 11-year bull run largely dominated by U.S. tech equities.
Along with that, wealth inequality was increasing, central banks across the world had been expanding their balance sheets and global debt was not set to recover from its unhealthy levels[7] — it was growing.
Then came the Coronavirus pandemic.
“There are decades where nothing happens; and there are weeks where decades happen.”
Vladimir Lenin
That is precisely what it felt like — COVID massively propelled all the aforementioned trends, and more, into overdrive. Data from McKinsey has shown[8] that digital adoption has been driven forward five years in the span of eight weeks.
With all of the economic trends being accelerated, the first set of lockdowns which shut down many businesses across the world and an upcoming second set of lockdowns, many economists fear that we are dangerously close to a global depression.
In such unprecedented and uncertain times, the simple act of protecting your wealth can be