The Pomp Letter
The Pomp Letter
Bitcoin Adoption Hits An All-Time High
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Bitcoin Adoption Hits An All-Time High

1

To investors,

Bitcoin is up 70% in USD price to start the year. This appreciation can be attributed to a number of different drivers. Here are a few that I have identified:

  1. Bitcoin is used as a hedge against potential US default related to debt limit crisis

  2. Bitcoin is used as a hedge against a worsening of the banking crisis

  3. Bitcoin is used as a way to fron…

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