There is a lot of talk about hyperbitcoinization, but all i see is hyperdollarization.
From Argentina to Lebanon people flee their failing currencies and adopt the USD.
The Fed hicking rates break all currencies proped up by USD loans.
Hyperbitcoinization is the end game, but to me it seems like we first have to go through a period hyperdollarization.
I think we can look to El Salvador to se where this is going.
Gunnar /
npub1rx…ghtd4
2023-03-27 08:08:55
Author Public Key
npub1rx9wg2d5lhah45xst3580sajcld44m0ll9u5dqhu2t74p6xwufaqwghtd4Published at
2023-03-27 08:08:55Event JSON
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"content": "There is a lot of talk about hyperbitcoinization, but all i see is hyperdollarization. \n\nFrom Argentina to Lebanon people flee their failing currencies and adopt the USD. \n\nThe Fed hicking rates break all currencies proped up by USD loans. \n\nHyperbitcoinization is the end game, but to me it seems like we first have to go through a period hyperdollarization.\n\nI think we can look to El Salvador to se where this is going.",
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