The Conclusion Of The Long-Term Debt Cycle And The Rise Of Bitcoin
The conclusion of the long-term debt cycle is an inescapable economic reality that coincides with the ascent of the Bitcoin Network.
In this article, I will detail why the incumbent global financial system is irreversibly broken, how it got to this point, and what the world will look like coming out the other side of the present crisis. I will use the frameworks presented in Ray Dalio’s Principles for Navigating Big Debt Crises along with my own analysis to contextualize the global economic landscape, and I will detail how the emergence of bitcoin as a global monetary asset will serve as a release valve.
For an abridged version of Principles for Navigating Big Debt Crises, watch
For 12 years, Bitcoin has entrenched itself worldwide as an alternative monetary system that individuals are free to voluntarily adopt. Despite neverending streams of denouncement from “economic experts” and “monetary authorities,” bitcoin continues to exponentially increase in value.
Now, with the incumbent monetary order cannibalizing itself, here stands Bitcoin, a digital monetary network that provides direct incentives for every individual and entity on the planet to adopt it.
A great debt jubilee is coming, and it will later be known as hyperbitcoinization.