Bitcoin Expert Hails Crypto’s Sustainability Over the Bond Market and Fiat System
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- Natalie Brunell has deemphasized the notion that Bitcoin would face a potential collapse by 2026.
- According to Brunell, she is more concerned with a collapse in the bond market or the current fiat system.
- Brunell explained that deflation is incompatible with the current fiat system.
Award-winning journalist Natalie Brunell has deemphasized the notion that Bitcoin would face a potential collapse by 2026. Brunell expressed her opinion in a recent interview on FOX Business, stressing that she will be more concerned with a collapse in the bond market or the current fiat system.
"Why do we need 2% of our purchasing power to be stolen every single year?" – @NatBrunell on #Bitcoinpic.twitter.com/RWzbLp266Y
— Michael Saylor(@saylor) January 25, 2024
According to Brunell, the current fiat system is built on credit, where the money in the bank is an IOU and someone’s liability. She said:
I would be more concerned with a collapse within the bond market or current fiat system because we live in a system built on credit. Our money in the bank is not our money. It is an IOU and someone’s liability.
Brunell further noted that deflation is incompatible with …
The post Bitcoin Expert Hails Crypto’s Sustainability Over the Bond Market and Fiat System appeared first on Coin Edition.
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