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In this episode of Bitcoin Magazine“Fed Watch,” Christian Keroles and Ansel Lindner look back at the events of the past few weeks and put them in a macro perspective. They also give us an optimistic view of the coming year that only the Bitcoin space can offer. This show always offers macro insights that you can’t find anywhere else!
The episode started with a quick discussion about Bitcoin’s censorship and exodus on Twitter. It is very appropriate that, in the age of the modern internet, our idea of censorship has changed to include mainly internet speech and digital transactions. Bitcoin, of course, will play a key role in giving people back power and helping to shape future debates.
Lindner tried to put these events in context with other similar events from the not-so-distant past. The main difference today is that society is in a populist and 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 a different point in the grand cycle, ready to interpret things that way. Whether it is a 100-year debt cycle or the 100-year generational Fourth Turn, these events are now causing specific reactions.
In the following, our hosts summarized the situation of various assets such as gold, dollar and commodities. Gold is expected to struggle in the next six months, while the dollar bounces back and rising commodity stocks will put pressure on the recent hike.
Finally, the show ended with summaries of what is expected in 2021. It is a very optimistic view of the future. Bitcoin is a constant guiding light in this troubled time and, although things may get a little worse from a political point of view next year, history and Bitcoin show us that the future is still very bright.
