Ian Reynolds
It's official: the market capitalisation of Bitcoin is greater than that of Silver.
Actually they flipped in March and were similar for 6 months, but now BTC is way ahead.
The real winner of the US election was Bitcoin, and it was always going to be.
Biden has left the US finances in a total mess and Trump will have a big job to fix them.
Trump has always been friendly to private money but, of course, has always preferred the good, old US Dollar. But the US Dollar is past it's sell-by date. Far too much of it in existence, purchasing power totally collapsed, and a relic in the face of the digital money of the Internet.
Only the old recidivists of the Biden administration and the US deep state would get in the way of the next big thing. And the US is about to pay for their stupidity.
FED Semi-Annual Stability Report: US Debt Load Tops Fed’s Survey of Financial Stability Risks [Bloomberg]
