Macro

Bitcoin: Scarce Asset Bolsters Digital Reserve Role - blockchain.news

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DW NOTE

Bitcoin's scarcity is permanent — 21 million coins, enforced by mathematics. The dollar's scarcity depends on Jerome Powell's mood and Congress's fiscal discipline. One of these is a reserve asset. The other is a reserve *claim* backed by $1.9 trillion annual deficits.

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Bitcoin: Scarce Asset Bolsters Digital Reserve Role - blockchain.news

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