Tag: fiscal policy

The Bitcoin buzz is back. Like clockwork, we’re starting to hear murmurs, if not directly calls, for a new parabolic rally. Crypto analysts are dusting off their charts, pointing to positive on-chain data and making the bullish case by comparing the current market to gold’s recent run-up. Bitcoin blasted past...

China now suddenly finds itself up the creek without a cryptocurrency paddle. Is this fiscal lifeline or moral hazard abyss? The truth, I would argue, tells us a great deal about the future of our nation as well. This goes beyond digital assets. It’s more than that though. It’s the...