🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Principal at Cobalt Ventures. Write @ TheItinerant.io ; BenErsing.com Host: /venturecapital /finance /adventures

If we hit a recession, the FED is likely to cut rates and print money, which would cause the demand for BTC to go up. But it could go down for a little bit before it all happens, though it’s hard to predict the trajectory correctly

Do you think a recession will increase or decrease demand for BTC?

Not sure. Consolidation has been happening across most industries since the 70s in the US. Bitcoin should help fix this: https://x.com/giacaglia/status/1699078640862896198

Do you think the 100 Largest Banks have seen a similar trend in delinquency rates? Would be interesting to understand impact of bank consolidation from '91 to '24, which I assume has the effect of showing a lower proportion of total household and corporate debt over time.

Tax CPA, Startups, ISO, NSO, QSBS, Web3, Angel Investing

It could be because global M2 has gone up

Student loan payback started just as everything else started to hit the fan. 

Have 0 understanding of how stocks keep going up.