Dan Held Expressed: Looks like the inflation print tomorrow will be huge.

Community Response: Stocks go down and so does bitcoin.  Things not quite working out as I had hoped.

So, when did Bitcoin stop becoming an inflation hedge? Apparently, inflation is bad for Bitcoin now.

In the short term, it could be bearish as the forward curve, will take into account quicker rate hikes BUT, the long term, inflation seems to help asset prices and commodities. The Fed is going to have a difficult time raising rates, as equities will get crushed.

Bitcoin is still loosely pegged to the stock market. I’ve noticed they always rise and dip at the same time. Not sure what this means because bitcoin is my hedge against government and the stock market is inflated by government printing. Meaning interest rates more likely to go up.

In the short term, it could be bearish as the forward curve, will take into account quicker rate hikes but, the long term, inflation seems to help asset prices and commodities. The Fed is going to have a difficult time raising rates, as equities will get crushed.

I wonder what a CPI reading in the 8% range would do to the price of Bitcoin? Probably nothing real inflation is in the double digits. Bitcoin would probably go down by 8% Short term down with the markets.

Everyone ready to stack cheaper sats?

Meaning interest rates more likely to go up. Inflation = Inequity The rich get richer + The poor get poorer.

It will come in hot tomorrow. Discussed it in this morning’s newsletter, in light of unrelenting supply chain issues.

That is bearish bro.  Everything is bullish bro, Law of attraction.  Short term bearish. Long term bullish.

The uneducated will sell risk including Bitcoin, the educated will buy Bitcoin as a hedge.  So, Bitcoin may be a good buy until there’s more education.

A lot of complainers on here. Word of advice from a 2016 Hodl’er, just buy more I am and you should be too.

So, knowing that, what do u want to do with the 10yr.

Imagine if there was an economic system where none of these parts were needed? It exists, and it’s called Bitcoin.

Seems the best outcome is Omicron isn’t so bad, becomes the cold, factories dont close, supply chain normalizes, prices normalize, we run high inflation (4-5%) and we leave rates near 0. That, I think, would be best outcome for longs of BTC.

If you lived in Venezuela and you only had $1000 to your name you would not be buying BTC, let’s be realistic.

Which further incentivizes the fed to taper faster. This will kill growth and in-turn hurt BTC, in the short/mid-term. Long-term it doesn’t matter. It’s just up and to the right.