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In this episode of Bitcoin MagazineChristian Keroles and Ansel Lindner look back on the events of the last few weeks and put them in a macroeconomic perspective. They also give us an optimistic vision for the next year that only the Bitcoin space can offer. This show always provides macro insights that you won’t find anywhere else!
The episode started with a brief discussion of censorship and the Bitcoin Twitter exodus. It is very appropriate that in the age of the modern Internet, our understanding of censorship has changed to include primarily Internet voice and digital transactions. Bitcoin will, of course, play a crucial role in restoring power to people and shaping future debates.
Lindner tried to relate these events to other similar events from the not too distant past. The main difference today is that society is in a populist, revolutionary mood. Where a similar event in the 1980s or late 1990s was not treated as an “insurrection” or “End of America” today, the world is at another point in the great cycle and ready to interpret things that way. Regardless of whether it’s a 100-year debt cycle or the 100-year fourth turn of the generation, these events are currently triggering specific reactions.
Next, our hosts summed up the situation for various assets such as gold, dollars and commodities. Gold is expected to struggle over the next six months as the dollar rebounds and raw material inventory build-up will put pressure on the recent rally.
Eventually the show ended with summaries of what to expect in 2021. It’s a very optimistic vision for the future. Bitcoin is a constant guiding light during this difficult time, and although it could get a little worse from a political point of view in the next year, history and Bitcoin show us that the future is still very bright.