• Wed. Jun 22nd, 2022

Macro Guru Lyn Alden Says Only Bitcoin Can Solve Global Currency Problems – Here’s Why

ByHazel R. Lang

Jun 20, 2022

Macro strategist Lyn Alden gives her followers a crash course in BTC, shedding light on the blockchain’s potential to shape the future.

In a series of tweets, Alden explains 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 (Internet, Merkle trees, proof of work, SHA-256), added his own technology and created something innovative. A breakthrough in accounting and money. What followed in its wake were mostly scams. But his innovation is real.

Alden then explores the concept of digital scarcity as an inevitable result of the creation of BTC, pointing out that the invention of digital currency was surprisingly well-intentioned.

“Satoshi never promised a return on investment. He presented his idea as an academic thesis, and built it. When his use case became popular, he was worried and worried that it was too soon. Very conservative, very careful. In there for humanitarianism, not for money.

Alden also points out that any asset that can still thrive after eight or more crashes, like Bitcoin, is unique and worth investigating.

“Everything has risks. But at least study Bitcoin. Learn about it. It’s worth more than 100 hours…

No Fed bailouts, no washout rules, no protectors are there. Only real market prices. Yet Bitcoin is still around.

Source: LynAldenContact/Twitter

Alden then argues that Bitcoin is the currency best suited to survive the “zero-sum game” of money, 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 uncensorable, and most resistant to debasement survive. Bitcoin is leading there…

Censorship-resistant money is important to people. Don’t reject it.

The macro guru sums up his argument by calling Bitcoin’s future dominance a “boolean outcome,” meaning true or false, with no gray 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 today’s global monetary problems. It is a boolean result.

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