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eh we'll see, not clearly an immediate one but over the next few years US regulatory decisions will. Think it prob won't be right at the beginning.
I think the macro US monetary policy --> BTC price narrative is overrated on short timescales.
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One good gut check on this: was it good or bad for BTC for Democrats to win the house/senate?
CT hasn't really settled on a narrative/direction there, which is a good indication that shit's complicated, yo
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Yes agreed, wasnt so aware of it until recently, but I think CT overestimates the effect of big headlines.
March may have exacerbated that because that one actually mattered (at the time)
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yup
which also isn't to say that monetary policy doesn't matter!
but it's the general sentiment/climate/etc. built up over decades that really moves the needle here, with the exception of a few very specific large events (2008 recession, COVID crash, etc.)
As long as the dems give $2000/m and keep printing, money is cheap. Unless regulation, all assets are gonna keep rising and the time value of money is depreciated at an alarming rate since covid
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