A market commentary argued that currency debasement remains the dominant force across asset prices, claiming it will persist until AI and robotics replace population growth. The statement said the Nasdaq has outperformed the debasement rate by about 12% annually, while Bitcoin has exceeded it by roughly 89% per year.
The commentary described crypto as a central force in portfolio allocation and said the thesis underpins an "Everything Code" framework linking debt, central bank debasement, higher markets, and the long-term outperformance of technology and crypto assets.
Macro Commentary Frames Bitcoin and Nasdaq as Debasement Hedges
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