In this essay, Arthur Hayes dissects the "fatty boom boom" situation of the American economy, drawing parallels between the "fat-positive" narrative and the nation's unsustainable monetary policies. He delves into the strategic responses of the U.S. Treasury and the Federal Reserve, analyzing how these actions are reshaping market dynamics. Arthur explores the potential for capital controls and dollar devaluation as key tools for managing imbalances, and analyzes the intricate interplay between these policies and the potential implications for Bitcoin's price trajectory. He examines how this macro environment, driven by systemic distortions and monetary interventions, could create a unique opportunity for crypto markets.
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Abstract: We look at the recent controversy related to the potential removal of the OP_Return policy limit in Bitcoin Core. We reflect on the economic reality, that miners want...
Abstract: We review the Heatbit Trio Bitcoin mining heater. The product is essentially an old Bitcoin miner in a nice case with a quiet fan, however it is simple,...