Macro strategist Lyn Alden is giving her followers a BTC crash course, shedding light on the blockchain’s potential to shape the future.
In a series of tweets, Alden lays out her argument for why she believes only BTC can solve global monetary problems. She begins by detailing how Bitcoin founder Satoshi created something unique and innovative.
“Satoshi combined a number of existing technologies (the internet, Merkle trees, proof-of-work, SHA-256), added some tech of his own, and made something innovative. A breakthrough in accounting and money. What followed in his wake was mostly scams. But his innovation is real.”
Alden then explores the concept of digital scarcity as an inevitable result of BTC’s creation, pointing out that the invention of digital money was surprisingly well-intentioned.
“Satoshi never promised investment returns. He presented his idea like an academic thesis, and built it. When its use-case became popular, he was concerned, and was worried it was too early. Very conservative, very cautious. In it for the humanitarianism, not the money.”
Alden also points out that any asset that can still thrive after eight or more crashes, such as Bitcoin, is unique and worth studying.
“Everything has risks. But at least study Bitcoin. Learn from it. It’s worth 100+ hours…
No Fed bailouts, no wash rule, no protector is there. Only true market pricing. Yet Bitcoin is still here.”
Alden then argues Bitcoin is the fittest currency to survive money’s “zero-sum game” because a decentralized financial system is a universally desired concept.
“Money is a zero-sum contest. Only the deepest, most liquid, most fungible, most portable, most un-censorable, and most resistant to debasement survive. Bitcoin is leading there…
Censorship-resistant money is important to people. Don’t dismiss it.”
The macro guru sums her argument up by calling future Bitcoin dominance a “Boolean outcome,” meaning either true or false, with no grey area in between.
“I have a diversified investment portfolio. Stocks, cash, bonds, gold, real estate, commodities, Bitcoin. Bitcoin is the only one that I think could make a serious difference. Nobody else has a credible answer to the current global monetary problems. It’s a Boolean outcome.”
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The post Macro Guru Lyn Alden Says Only Bitcoin Can Solve Global Monetary Problems – Here’s Why appeared first on The Daily Hodl.
