Geopolitics

Bitcoin Moves Closer to Gold as US Debt Revives Debasement Trade - Cryptonews.net

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DW NOTE

The US added $42 billion in debt in nine months while the world's primary oil artery sat mined shut and gold fell 15% from its January high. If Bitcoin is moving closer to gold, it's because both have failed as hedges against the actual debasement underway — which is denominated in diesel shipments that aren't happening and Treasury auctions that keep clearing.

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Bitcoin Moves Closer to Gold as US Debt Revives Debasement Trade - Cryptonews.net

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